How old are you and how much do you have in your 401k?

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69 & $420

likefunnyhelpfulupliftingsmart

All day, every day.

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29, $100k. Probably low compared to some but I've only spent 1.5 years in consulting and my goal was to have 100k before 30👌

likeupliftingfunny

Same here so I guess I’m on track

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3yo and 1 gazillion

likefunny

Pls share your secrets with us

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45, already hit my number. Just killing time for the next 15 years, maybe 10.

likefunnyuplifting

That's amazing @the former Deloitte colleague (I'm assuming Deloitte). Key takeaway for me is being DINKs

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27, 99k. Low because I started aggressively contributing about 2 years ago. I grew up with no personal finance education and my parents were uneducated to teach me. I didn’t even understand what 401K was a couple of years ago and was embarrassed to ask. Only 2 years ago was I able to afford to max out my 401K with company match.

likefunnyupliftingsmart

That’s not low, don’t be a jerk man

likehelpfulfunny

24, <2 YOE
13-14k in 401k
14-15k in Roth IRA
not much but doing okay

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Slow & Steady wins the race

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Why would I contribute to a 401k when AOC is going to pay for everyone’s retirement?

likefunny

Can you please share your source for this statistic?

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49 $1.5M. Maxed out from day one but am a horrible investor. I Never my hit crypto, appl, google, amzn, msft or any of those at their start. I have lived through a few recessions. My advice is to wait for the next big one and buy everything you can.

Wife stays home with the kids so I never hit that lotto either. Although if you meet my kids you’d say I did.

Its all going to be ok though. Our plan is to get me back in shape and sell my body on the streets.

funnylikeuplifting

I support the corner side hustle

35 and -300k. Margin account yolo is life. Yes that’s a negative.

likefunnyhelpful

Billionaire?

30 - $0

likefunnyhelpful

You are not alone friend

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41 and $140K

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That’s about where I’ll be at 41

46
$1.1 Million in traditional 401K and $125K in Roth IRA
Spouse has $525K in traditional 401K and $125K in Roth IRA

My goal is to slowly convert 401K into a Roth 401K without paying Uncle Sam too much.

likeupliftingsmart

$400k in 401k, $1.3M in IRA, $400k other retirement investments. Married, 35, 3 kids

likesmart

Kpmg8 probably rolled the esop payout into it

Old and plenty

likefunny

That sounds like a candy bar, but nice 👍

funnylike

27M @ $337K NW

- $94K in 401K
- $8K in Roth IRA
- $35K brokerage
- $17K cash
- $183K investment real estate equity

Single. HCOL. No inheritance. No student loans due to financial aid (grew up poor).

likehelpful

@A1 - That’s true in general, but I’d also like to think that it was due to other circumstances like starting in consulting out of college.

smart

4 holo charizards and some kick-a beanie babies that’ll pull me through.

likefunny

As long as they are 1st editions I think you’ll be good 😂

22 3 months of work experience and 7.5k

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Nice! -Borat

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Dreaming of retirement someday. 53, $1.8M. SO has another $600k.

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38 F
8k

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35 years old and married (combined finances)

Roughly $100k across three retirement accounts (contributing much more aggressively in the last few years), but also will have 3-4 pensions paying out in retirement (my military reserve pension, two teaching pensions for my wife, and Deloitte's plan if I stick around long enough). At the rate we are contributing now, I'm projecting ~$2M in retirement accounts with the pensions on top of that.. should be enough to be comfortable.

Grew up on food stamps and welfare, and married someone with a spend-spend-spend mentality. Didn't get very financially literate until a couple years ago.

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Appreciate it.. yea definitely makes me feel like crap sometimes when I see people a decade younger with hundreds of thousands more saved up.. but reminds me to stay focused on myself and the things I can control.

(Also, kudos to those people for getting ahead so early, no hate from me)

likeuplifting

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