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re: Where should my 401k be at my age?
Posted on 7/12/17 at 3:43 pm to Hawkeye95
Posted on 7/12/17 at 3:43 pm to Hawkeye95
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)
2
Posted on 7/12/17 at 3:58 pm to Epic Cajun
quote:
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)
Yep. I went to grad school. Started working at 24. Have increased close to tripled my salary since then. At 31, I don't have 1X my salary yet.
Posted on 7/13/17 at 12:05 am to Epic Cajun
quote:
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)
Just because you wont be successful in reaching this goal, doesn't mean it's ridiculous. This is coming from someone who went to grad school and paid out of pocket.
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