Reply to How much should be in 401k at age 40?

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Reply to "How much should be in 401k at age 40?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well my TSP has 20k in it since I just got back into the workforce, but I have 250k in a Roth IRA and another 85k in a Traditional IRA that I rolled over when I left my prior employer. I did not work for 8 years due to kids but put as much in as I could right after college. I also did lot of Roth conversions along the way. My spouse has been maxing their TSP for years so I assume they probably have at least double what I do. We're late 30's/early 40's. [/quote]

If you’re going to depend on your spouse to be the sole breadwinner for almost a decade you really should know how much money they have in their retirement account not make assumptions.[/quote]

Meh. I've seen periodic paystubs/taxes with the full amount withheld. There is money there, and it's more than what I have simply by function of contributing those years I didn't. Now if you mean because of a divorce, that information can be subpoenaed if necessary. I'd be more concerned about any accounts I don't know about. [/quote]

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