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re: Are you in the 1% club?
Posted on 1/25/15 at 9:24 pm to Tigerstudent08
Posted on 1/25/15 at 9:24 pm to Tigerstudent08
quote:
Main point is if you contribute like you're supposed to, you should be near six figures by the time you're 30 in your 401k. If not you either are investing poorly or not making much money. Looking at compounding interest the account will grow substantially 20 to 30 years from now.
The HCE threshold is pretty low, so I am sure most of the posters here were handcuffed with their contributions.
1
Posted on 1/25/15 at 10:36 pm to The Third Leg
Not worried at all. Hillary gon take all the 401k and 529 money and give it to all us that helped built it in the first place.
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