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re: Where should my 401k be at my age?

Posted on 7/12/17 at 2:57 pm to
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 7/12/17 at 2:57 pm to
this chart by fidelity is helpful but starts at 30.

My $.02, save a ton when you are your age. compound interest wins the day.

Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32775 posts
Posted on 7/12/17 at 3:43 pm to
quote:

this chart by fidelity is helpful but starts at 30.

It's also ridiculous if you went to graduate school, or have increased your salary greatly by the time you are 30. I'm not the most frugal person in the world, but there is no way that I'd be able to have 1x my salary saved by the time I turn 30. (I'm 29)
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/12/17 at 7:58 pm to
10x salary at 60? 25x expenses is what I'd say. And who is saving 1/2 of their money

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