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Money and Finances
Reply to "why do so few people have two million dollar 401ks/IRAs?"
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[quote=Anonymous][quote=Anonymous]i have had access to a 401k and a nice employer match for the last 10 years and that account has $600k. i had pretty lackluster access to 401ks in the prior 20 years, with probably a decade total of no contributions at all, and that rollover account is sitting at $250k. the growth in an account that is being actively contributed to by multiple sources (employer, employee, market) is starkly different than one that just sits and follows the market. [/quote] I agree my 1.1 million 401k is a job I had just 10.5 years with no rollover. But had job 2006 to 2016 where I did max every year. Had it 90/10 stocks/bonds most of time. And got around a 15k match year year. My one job I was at 8 years I still have I only put 6 percent in, I only made like 65k and they only matched 3 percent that 401k is small. [/quote]
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