Anonymous wrote:I am middle class but I always did 401ks. I hardly ever roll over
I have 7 401ks
$370k
$250k
$870k
$225k
$10k
$60k
$30k

My New Year’s resolution is to roll 2-4 of the small ones into my current 401k

Plus $200k company stock a prior company and $100k RSUs a prior company pre IPO plus a $100k cash balance pension

If you work till 67 they get big. My 370k one I only put in $20k!! I was matched $20k and rest is compounding

This post would make sense is you included a total number and your age.

Anonymous wrote:Home equity in DC should count only cause it is at least one million

If that's the way you want to do it, you should.

Anonymous wrote:If you have a college degree, live with are partner, and are retirement age 65+

1M - 40%
2M - 55%
3M - 70%
4M - 75%
6M - 80%
10M - 90%
20M - 95%
People that got/stayed married and have college degrees are doing pretty well. Change one of those and the numbers plummet, change both and you see where the retirement crisis comes from.

We're 60, this is our only marriage, have college degrees and our net worth (including home equity) is about $700k. Hey, somebody has to be below the average!

Home equity in DC should count only cause it is at least one million

I am middle class but I always did 401ks. I hardly ever roll over
I have 7 401ks
$370k
$250k
$870k
$225k
$10k
$60k
$30k

My New Year’s resolution is to roll 2-4 of the small ones into my current 401k

Plus $200k company stock a prior company and $100k RSUs a prior company pre IPO plus a $100k cash balance pension

If you work till 67 they get big. My 370k one I only put in $20k!! I was matched $20k and rest is compounding

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you have a college degree, live with are partner, and are retirement age 65+

1M - 40%
2M - 55%
3M - 70%
4M - 75%

6M - 80%
10M - 90%
20M - 95%

People that got/stayed married and have college degrees are doing pretty well. Change one of those and the numbers plummet, change both and you see where the retirement crisis comes from.

These numbers don't correspond with the WaPo article calculator.

They are directly from the calculator, scroll down and enter the variables.

How did the PP with around 7MM get 97%. I got 96% with 6MM. Oh, I see now. These #s you posted are for 65+. Thanks.

Anonymous wrote:If you have a college degree, live with are partner, and are retirement age 65+

1M - 40%
2M - 55%
3M - 70%
4M - 75%

6M - 80%
10M - 90%
20M - 95%

People that got/stayed married and have college degrees are doing pretty well. Change one of those and the numbers plummet, change both and you see where the retirement crisis comes from.

I think a lot of people here compare themselves to this group. College educated and married and want to know if their net worth is on track.

In fact many here likely have graduate or professional degrees and the net worth numbers for those would be even higher. Maybe the high numbers people talk about here are not that crazy (with some exceptions of course).

For this group looks like 2M is about average and 4-6M should be a goal for most. Adjust those for inflation based on your age.