Anonymous
Post 03/02/2024 17:11     Subject: Re:How much should be in 401k at age 40?

I am 40 and have 440K in my 401K. No employer contribution until a couple years ago and it's $12K/year. I also have a 100K or so from backdoor Roths. Husband has similar amounts in both accounts. We dump the rest into a brokerage, maybe $1.5 million there.
Anonymous
Post 03/02/2024 13:59     Subject: Re:How much should be in 401k at age 40?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

what's the definition of starting salary? starting salary of your first job, or that of every year?


It is current salary for your age now.

Starting salary is a confusing way to say that.

Then only very few people can meet these objectives, maybe less than 5%.
Anonymous
Post 03/02/2024 13:54     Subject: Re:How much should be in 401k at age 40?

Anonymous wrote:
Anonymous wrote:

what's the definition of starting salary? starting salary of your first job, or that of every year?


It is current salary for your age now.

Starting salary is a confusing way to say that.
Anonymous
Post 03/02/2024 10:10     Subject: Re:How much should be in 401k at age 40?

Anonymous wrote:

what's the definition of starting salary? starting salary of your first job, or that of every year?
Anonymous
Post 03/02/2024 09:29     Subject: Re:How much should be in 401k at age 40?

Anonymous
Post 03/01/2024 14:03     Subject: How much should be in 401k at age 40?

Sigh... 39 and I have a bit over 250K. But I don't have a DCUM income.