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Reply to "If you max out your retirement, what is your income?"
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[quote=Anonymous]I am 42 and I currently max out. I make $148,500. I started maxing out when I was about 30 and I made about $90,000. I stopped maxing out for a couple of years when my husband and I had two kids in day care, but I started maxing out again a few year ago. My current employer contributes 9% of my salary into my 401K, so I wonder sometimes if I am contributing too much. Between my contribution and their match I'm contributing $33,865 a year. [/quote]
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