Page 1
Page 1
Started By
Message
locked post

What is a good rate of return on your 401k?

Posted on 6/14/13 at 10:18 am
Posted by Herb484
Member since Jan 2009
588 posts
Posted on 6/14/13 at 10:18 am
I'm getting a rate of return of 11%. Is that good?
I just turned 26 and I started my 401K in Jan of 2011. Thanks!
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17296 posts
Posted on 6/14/13 at 10:29 am to
Its a good ROR. I'm around your age. But keep in mind, the market has been on a big bull run since that time(especially this past year). The market flucuates and so will your ROR.
Posted by Slickback
Deer Stand
Member since Mar 2008
28156 posts
Posted on 6/14/13 at 10:30 am to
Yes, that is good.

I'm happy with anything over 8%, but realistically hope to be around 12%. Anything over that is damn good IMO
Posted by Powerman
Member since Jan 2004
174282 posts
Posted on 6/14/13 at 10:39 am to
That is great over the long haul.

I'm not sure that it's great given how the market has behaved between now and then

Either way, it's still good though
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
9422 posts
Posted on 6/14/13 at 11:55 am to
quote:

I'm getting a rate of return of 11%. Is that good?


Put this in your memory bank under "the good times" and know now that it wont last. The important thing is to stay the course and keep contributing during the good and bad times. Congrats on starting contributions toward your future at a young age.
Posted by Herb484
Member since Jan 2009
588 posts
Posted on 6/14/13 at 11:58 am to
Great! Thanks everyone.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
95795 posts
Posted on 6/14/13 at 1:56 pm to
quote:

Great! Thanks everyone.


Time in the market - that's what we oldtimers can't get back.

This means, that, NO MATTER WHAT, do not cash out. No matter how tempting, no matter how critical - DO..NOT..CASH..OUT. I cashed out twice. I wouldn't be rich now, but I would be well over $100k ahead of where I'm at now, if I hadn't done that. And that would then amplify over the next 20 years.

You're 20 years ahead kid - stay ahead.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 6/14/13 at 5:06 pm to
quote:

I'm getting a rate of return of 11%. Is that good?


Depends on what you are invested in. You could just be in something that has higher risk and got lucky.
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 6/14/13 at 5:53 pm to
I'm retired and I look at 8% great for me. I'm able to draw down every month just on my returns and still bank moneys.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram