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Reply to "401K account balance"
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[quote=Anonymous]Well. I thought we were doing pretty well until I read this thread... Fed. worker, with $160 total income (pre-tax) between my wife and I. 46, with $408,000 in 401k-style accounts, plus a pension earned of approx. $40,000. (I can start collecting as early as age 50 if I am no longer in federal service). We have $75,000 in 529 college savings plans for DD #1 in 8th grade, and $50,000 for DD#2, in 4th. We have a small emergency fund, but that's about it - no rental properties or other savings (we do have $300,000 in home equity, but I am treating that as not real money since we have no intention of moving). On the plus side, virtually zero debt aside from our mortgage. [/quote]
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