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re: 401(k)
Posted on 1/15/18 at 10:15 pm to TorchtheFlyingTiger
Posted on 1/15/18 at 10:15 pm to TorchtheFlyingTiger
quote:
$530k is certainly a nice start. But at a safe withdrawal rate (~4%) that's only $9k annually to live off of. If he triples it by retirement it still only yields $27k annually or he risks out living his nest egg. Most Americans are woefully unprepared for retirement so I'd keep asking for well above average contributions.
there is so much wrong here I dont even know where to start
1
Posted on 1/15/18 at 10:23 pm to cave canem
How so?
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