What is a good target 401k balance for 30-35?
My retirement and money market portfolios have been doing well the past few years, but feeling FOMO from not maximizing income to front load as much as possible.

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likefunny
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There are a lot of variables and circumstances that would impact a range.

I've had two retirement missteps: I started investing five years into my career (not recommended, but I started working during the 2008 recession, companies weren't matching, and I needed money to live). Later on, I worked for a company where 401k wasn't offered until a year of service (not sure why I didn't question this at all).

Meanwhile, my husband has worked at the same company his entire career and has been investing since day one. His retirement account is nearly double mine (and he's younger than me).

I share these examples to say:
1. Stay the course and take full advantage of your company match.
2. Know there will be multiple times in your lifetime when the market will suck and your 401k will tank, and it's depressing.
3. Try setting that automatic option to increase your contribution by 1% each year.
4. It's also worth exploring other retirement savings options beyond 401k.

Final note: I am not in finance and know enough to be dangerous.

likehelpful

Put in as much as you can when you can. You never know when you won’t be able to

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