How hold were you when you saved up $100K in your 401k? | TigerDroppings.com

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Hammond Tiger Fan
Arizona State Fan
Hammond
Member since Oct 2007
12617 posts

How hold were you when you saved up $100K in your 401k?



I'm trying to guage my success rate here. I haven't made it there yet and I'm 35. I also got a late start with my 401K with not starting it actively until at age 29.

ETA: Admin please keep this on the OT b/c I want an OT's perspective on this issue.



This post was edited on 7/3 at 11:15 am



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TheWiz
LSU Fan
NOLA
Member since Aug 2007
7621 posts

re: How hold were you when you saved up $100K in your 401k?








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TH03
Notre Dame Fan
Member since Dec 2008
98891 posts

re: How hold were you when you saved up $100K in your 401k?


16





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LsuTool
Columbia Fan
Suck that tiger Tool, B
Member since Oct 2009
23167 posts

re: How hold were you when you saved up $100K in your 401k?


(no message)


This post was edited on 7/3 at 11:16 am


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dyslexiateechur
LSU Fan
Baton Rouge
Member since Jan 2009
21977 posts

re: How hold were you when you saved up $100K in your 401k?


Just 401 k....hasn't happened yet. I don't completely put my money in one place though.





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BCMCubs
LSU Fan
Colorado
Member since Nov 2011
4469 posts

re: How hold were you when you saved up $100K in your 401k?


26





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genuineLSUtiger
LSU Fan
Asheville, NC
Member since Sep 2005
38065 posts

re: How hold were you when you saved up $100K in your 401k?


I'm close but not there yet. And I've got almost ten years on you. Remember, the bigger it gets the faster it grows. Yeah, that's what she said. I know. Hope this makes you feel better. I read something a few days ago that said only like 30% of Americans over the age of 40 have ANY money saved for retirement, so stay at it.





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el Gaucho
Lamar Fan
bawcomville
Member since Dec 2010
20622 posts

re: How hold were you when you saved up $100K in your 401k?


"if you plan on retiring at 55 with $100,000 in savings, prepare to live out the rest of your life in a trailer in Arkansas."

-Forbes Magazine



This post was edited on 7/3 at 11:22 am


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GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
20220 posts

re: How hold were you when you saved up $100K in your 401k?


Counting what I married into?





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Hammond Tiger Fan
Arizona State Fan
Hammond
Member since Oct 2007
12617 posts

re: How hold were you when you saved up $100K in your 401k?


quote:

Counting what I married into?


If you're like most of us, you married into debt.






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Jobin
LSU Fan
Member since May 2009
2554 posts

re: How hold were you when you saved up $100K in your 401k?


Will make it this year. I'm 26 and started when I was 22.





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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
6933 posts

re: How hold were you when you saved up $100K in your 401k?


30 i'd guess, although lost a bit of that in the crash. now 36 got 150k in IRA and another 20k in HSA.





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jjbodean1970
LSU Fan
Morgantown, WV
Member since Mar 2006
6490 posts

re: How hold were you when you saved up $100K in your 401k?


32





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bbvdd
Alabama Fan
Memphis, TN
Member since Jun 2009
9090 posts

re: How hold were you when you saved up $100K in your 401k?


Early 30s.





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Fusaichi Pegasus
Lamar Fan
Meh He Co
Member since Oct 2010
9729 posts

re: How hold were you when you saved up $100K in your 401k?


quote:

How hold were you

just hold me tight






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tiger114
Auburn Fan
Mobile, AL
Member since Sep 2009
3104 posts

re: How hold were you when you saved up $100K in your 401k?


Don't exactly remember, but it was early 30's. Probably 32-33 or so.





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TigerTatorTots
LSU Fan
Mandeville, LA
Member since Jul 2009
67955 posts

re: How hold were you when you saved up $100K in your 401k?


I'm a few years away...hopefully by 26 or 27


Looking at this now a few months since posting, I realize my judgement was off. New goal is 29yrs old which is aggressive, but attainable.



This post was edited on 1/29 at 11:54 am


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JPLSU1981
LSU Fan
Baton Rouge
Member since Oct 2005
17626 posts

re: How hold were you when you saved up $100K in your 401k?


appears I'll be there at about 35

(I'm 31 now)


scheduled to hit $1mil in late 50's....$2mil in mid-60's....assuming same savings rate and 8% avg return



This post was edited on 7/3 at 11:39 am


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GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
20220 posts

re: How hold were you when you saved up $100K in your 401k?


quote:

Will make it this year. I'm 26 and started when I was 22.


You must either have a hell of a return, a hell of an employer match, or both. The most you could have contributed since 2009 was $66,500.






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Jobin
LSU Fan
Member since May 2009
2554 posts

re: How hold were you when you saved up $100K in your 401k?


both. i've lucked out.





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