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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 don’t get it. I started working at around 23 years old, took off 7 years to be a SAH and at 48 I have over $1 million. I would think most people my age who started working earlier and didn’t have a huge gap in employment would have easily hit $1 million.[/quote] If you are a teacher, librarian or non profit staff? No. I barely have 500k and I maxed out contributions, but have never made more than 60k a year. [/quote]
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