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This is the equivalent of finding 100k in your pocket.
I have a 401k from my very first job that I only worked at for 1 year at about a $22k annual salary, and I was struggling financially.
I’ve purposely never rolled it into my main retirement accounts as it makes me smile to see it grow to the roughly $110k it has in it now 30 years later. I’m proud of that kid I was and working my way through some tough times.
I’m thinking of using it to fund a “around the world trip” when I retire.
That’s such a great story — honestly, I love that perspective. You didn’t just let that little account sit; you let it grow with you, and now it represents your hard work, perseverance, and patience.Using it for an “around the world” trip when you retire feels like the perfect full-circle moment. You earned it when times were tough, and now it can fund something truly meaningful — an experience that celebrates how far you’ve come.I wouldn’t roll it in either; it’s special just the way it is. Let that account keep growing until it’s time to enjoy it and when you do, it’ll feel like your younger self gifted your future self a once-in-a-lifetime adventure.Do you mind following me back please ☺️?
Coach
If you have a NW of $500M… then I guess it would be the equivalent… but finding $200K, is the median retirement savings of a 65-74 year old… you just found a whole careers worth of retirement money for the bottom ~60-70% of people… you can keep it invested… or blow it… really depends on your situation…
Hello do you mind following me back please ☺️?
This isn't the flex you think it is.
Do you have a trust fund?
Community Builder
Absolutely just on a more larger scale, that’s 10 times what 60% Americans got saved up for retirement…. You could either invest it and forget about it again , give to charity or leave dormant
I wish something like that would happen to me! That is a lot of money to forget about. Good thing you remembered haha.
I work for Primerica Insurance. I provide insurance and financial education. I strongly recommend rolling them into a Roth account or annuity. Once you leave a company service charges increase dramatically. I’m happy to give recommendations