Anonymous wrote:36 and 35, we have about 330k

I mean 400k, forgot some of our ira

36 and 35, we have about 330k

30, 80K

DH is 38; I am almost 36.

We have $285k in 401k accounts and $138k in IRAs.

Our HHI is about $225k.

We only started maxing our 401k contributions in the last year or two. I wish we had started doing that earlier.

Anonymous wrote:DH is 53 and I am 49. We have ~$1.2M saved in 401k/IRA accounts.

oops,. HHI ~$185k

DH is 53 and I am 49. We have ~$1.2M saved in 401k/IRA accounts.

Anonymous wrote:I thought Fidelity's rule of thumb was helpful:

"Save at least 8 times (X) your ending salary to help increase the odds that you won’t outlive your savings during 25 years in retirement.…For example, by age 35, Fidelity suggests that you should have saved 1X your current salary, then 3X by 45, and 5X by 55."

https://www.fidelity.com/viewpoints/personal-finance/8X-retirement-savings

I am assuming that rule of thumb does not apply if one also has a pension.

36 and 37- we have $390k with a household income of $190k

OP, one thing to keep in mind is the ability to make catch up contributions once you're 50 (or during the calendar year, so if you turn 50 in December you can start catching up the previous January). Each year starting at age 50, you can put an additional $5500 into your 401k and an additional $1k into your IRA (total $6500)-either a Roth or traditional that you immediately convert to a Roth. A Vanguard study showed that only 11 percent of those eligible for an employee sponsored retirement plan are contributing the max, so you're in good company, but it is much easier to grow the money big when you start early.

28 & DH is 42- we have $267k

44 years old. I have $509k in 401k/profit sharing (one account) and another $100k in an IRA. My husband is two years older than I am and has more than I do.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm 40 and single with $390k.

That's great!

Presumably the latter more than the former?

Right, the $390 part.

OP,

We are 46 and 47 and we have about $800K with a similar salary (about $140K).

I just looked back at our old balances and 5 years ago at age 41 and 42 we had about $350K.

So we slightly more than doubled our retirement amount in 5 years. My husband does have a very generous company that matches his 401k with a 50% match, so of course we put in the max.

30, 40K

We are both 40 and we have about $260k combined in various different retirement accounts.

Our combined HHI is a little over $90k so I think we're doing fine.