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Reply to "Age for 1 million in retirement - couple"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I was 50. Now 52 and have 1.5 million. I have been saving since 28 (only maxing out for the last 10 years because I had student loans) and I find some of these numbers hard to believe.[/quote] Agreed. People who reached either 500k alone or 1 mil combined with spouse by early 30s - is this just by maxing retirement since early 20s? You must of had a good salary back then to start so early [/quote] I started contributing around age 20. Starting maxing out around age 25 (i was making about $70K) and had an employer match. Got married around that time and spouse did the same. We hit 1 mil mid to late 30s I think the main difference was neither of us had student loans. We didnt go to grad school and did undergrad in state, him with money from grandparents and me on merit scholarships. Those loan payments that others were making we put in retirement.[/quote]
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