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Reply to "Come in if you're 40 - how much in your 401k?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Feel very very behind. 680k, 2 workers. Just became dual income a few years ago and are scrambling to catch up. Putting away 49k/yr now. Hoping we won't have to work past 65. Silver lining is kids college is almost fully funded and they are 11&8. Probably should not have gone as agressive on college and should have beefed up retirement more.[/quote] That is not behind. Most people in the U.S. retire with less than $100K.[/quote] How do you put away 49k/yr in 401(K)? 2 incomes max out with employer match? I wondering because I am a high-earner and max out but don't get match, so I'm puzzled how to grow my 401(k). Instead I am looking for other savings vehicles. Am I doing something wrong. Turning 40 this year. Dual income household.[/quote]
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