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Reply to "I am X years old and have X saved in a retirement fund"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Me 200k salary. 331k in 401k at age 34. Makes me very nervous. BUT - I'm now putting at least 50k into retirement every year and hope by age 40 this will have paid off worth another 300k going into the market. My employer provides a very generous match and a separate contribution to a pension that is a defined benefit. I also should inherit a good amount but don't count on this. [/quote] [b]Over 300k before age 35 makes you nervous, why? [/b]3 yrs older than you and just hit 300k this yr and never felt THAT far behind.[/quote] I was a moron in my 20s and wasted years not maxing out. Figure I'll pay for it later? Only saving grace is I have a job that will help me put at least 50k away a year. [/quote] Got it. You'll do fine. I started at 26 (professional school) and am at the same place as you at 37; I feel like if I can get to 500k by age 40-41, I'll be able to "relax."[/quote]
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