Reply to Super-savers in 401(k) - what are your retirement plans?

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[quote=Anonymous][quote=Anonymous]Probably (re-)stating the obvious, but ...

Not everyone has access to Mega-Backdoor Roth contribution options in through their employer retirement plans.  So, just because there is a $61K hard upper limit, there may not be a way for an employee to reach that mark **within** their employer's plan ... regardless of salary.

Padding your brokerage accounts (outside of employer plans) has no upper limit.

...

It took me roughly 15 years to reach the $1M mark with my employer plan (401a + 403b) and Roth IRA.  It took less than 5 years to then go from $1M to $2M.  And then 18 months to go from $2M to $3M in July 2021.  I peaked around $3.26M at Christmas.[/quote]

A 50% increase from January 2020 to July 2021 is impressive. This beats the S&P 500 over the same timeframe. Sounds like a 90-100% large cap growth portfolio like TBCIX, or is it something else? If you are in mostly large cap growth, how has it fared since Christmas? Most heavy growth funds are still down 20-25% since then and more than 30% since growth fund highs around Thanksgiving. [/quote]

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