Reply to Is anyone NOT a 401k millionaire?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Troll. $22.5k current match. 10 years ago it was a lot less.  Can't active trade with 401k.

I'm 46 and have something like $500k in my 401k. Never had a match, went to law school so started very late. Took a few years off where I wasn't contributing. DH has a match and I think has something like $800k in his. Both of us make over $1m a year, and we've got $8m of savings. But 401k is not the place where the value is.  [/quote]

You have an HHI of $2M+ and you only have $500K+$800K in your 401k and $8M in savings total?!? You’re either spending way too much or you’re terrible at investing.

DH and I are about your age and we only have an HHI of $150K, but we have $5M in savings total, most in a 401k (Roth). Our savings is 33X HHI and yours is only 4X. Wow. In another five years our NW will probably be more than yours. You’re a lawyer, though, so not particularly clever or good with numbers. [/quote]

DP.  Um, your combined income is $150K in your mid-40s in a HCOL area.  Many people would consider you underachievers—or at best, middlingly successful—yet you have the audacity to attack someone making 10x your income as being “not particularly clever?” Interesting.[/quote]

We could easily be making $2M-$3M per year in W2 income, slaving away as deceitful and despicable lawyers. However, we’ve chosen much higher callings. DH is a high school math teacher and volunteer firefighter. I am a registered nurse at an assisted living facility for disabled veterans. We prioritize impact over income. [/quote]

Sure, well, now you're just stating the obvious.  It's well-known that the levels of intelligence, ambition, EQ, endurance (ability to work 80 hours/week for years on end), etc. are roughly identical among seven-figure law partners, high school teachers and nurses.  :roll: [/quote]

Nobody is impressed by all you clowns bragging about how much money you allegedly have. Same goes for the people who think they're the smartest person in the room. Neither of you have any class.[/quote]

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