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re: How old are you, and how much is in your 401K?
Posted on 2/11/20 at 6:45 am to fallguy_1978
Posted on 2/11/20 at 6:45 am to fallguy_1978
43/200k
1
Posted on 2/11/20 at 7:00 am to LatinTiger30
21/350 BTC
Posted on 2/11/20 at 7:10 am to BabyTac
47. Stopped contributing to 401k once BC/BS raised our premiums due to Obamacare mandates. Just now starting back up.
Will not ever retire as a result. Thanks Obama.
Will not ever retire as a result. Thanks Obama.
Posted on 2/11/20 at 7:17 am to xxTIMMYxx
quote:
I want to set up a Roth. Where should I go to do that? My company uses Fidelity for the 401K and 403B.
ETrade. Tons of options and research available and a great app.
Posted on 2/11/20 at 7:18 am to BabyTac
0. 
Posted on 2/11/20 at 7:22 am to NASA_ISS_Tiger
quote:
47. Stopped contributing to 401k once BC/BS raised our premiums due to Obamacare mandates. Just now starting back up.
Will not ever retire as a result. Thanks Obama.
Premiums were actually rising at a faster % rate pre Obama care.
Posted on 2/11/20 at 7:22 am to Old Money
quote:
0.
quote:
Old Money
Checks out.
Posted on 2/11/20 at 7:23 am to BabyTac
quote:
how much is in your 401K?
Zero.
Zilch.
Zip.
Posted on 2/11/20 at 7:25 am to jlovel7
quote:
Premiums were actually rising at a faster % rate pre Obama care.
Not for BC/BS of Alabama. Everything was pretty flat and then Obamacare came in and BC/BS threw us a line about having to raise premiums because of mandates. Those jumps were 33%. Since we in the government sector average 3% raises per year and the Cost of Living goes up 4% on average...it doesn't take long before you're backwards....and you have to rob Peter to pay Paul.
Posted on 2/11/20 at 7:25 am to BabyTac
401k is for poors. 'Bout $350MM in my hedge fund.
Posted on 2/11/20 at 7:27 am to jlovel7
quote:
Premiums were actually rising at a faster % rate pre Obama care.
I can only speak anecdotally but my plan pre Obama care was 500 and within 4 years was 1700..... but atleast I have prenatal care now lol
Posted on 2/11/20 at 7:29 am to igoringa
quote:
I can only speak anecdotally but my plan pre Obama care was 500 and within 4 years was 1700..... but atleast I have prenatal care now lol
Yeah, I'm not sure why this is even a debate anymore. Almost everyone now acknowledges the crazy rise in premium costs and deductibles after the ACA passed.
Posted on 2/11/20 at 7:30 am to 99BLKBRD
quote:
A little over $850,000 in that. Would have more but cleaned out by a whore of a wife at 36yo.
considering she probably took half, that's a good number.
Posted on 2/11/20 at 10:00 am to boomtown143
BUMP. People's responses got pretty interesting. Thanks to the OP I am considering opening a new IRA or 401K. I guess it's never too late to get started.
Posted on 2/11/20 at 10:12 am to Palomitz
I think these topics are great and really motivate people to think about their retirement. 3%, 5%, 20% or whatever you can do to save for your retirement is better than nothing.
Posted on 2/11/20 at 10:14 am to TheWiz
It has certainly convinced me to finally pull my Roth from my current provider and put into one that doesn't need me to explain what a backdoor is. 
Posted on 2/11/20 at 10:21 am to BabyTac
Don't know, savings buried in Mason jars all around the property? 
Posted on 2/11/20 at 10:44 am to BabyTac
39, 425k
Posted on 2/11/20 at 11:04 am to GRTiger
Interesting to see a few real responses outside the echo chamber of the money board. Unfortunately OP is getting showered with down votes. It's too bad people people don't talk finances more freely outside of financial forums. It would help the masses avoid money mistakes and prosper using the power of compounding growth.
Posted on 2/11/20 at 11:11 am to TorchtheFlyingTiger
I agree. Allows you to compare yourself to others and adjust if needed.
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