There are fed employees on reddit with $1M+ 401K balances at 42
| Bat-shit-crazy Goyim | 05/05/24 | | Comical telephone den | 05/05/24 | | Fuchsia Geriatric Queen Of The Night | 05/05/24 | | Lascivious Fantasy-prone Preventive Strike | 05/05/24 | | flushed yarmulke | 05/05/24 | | Spruce confused kitty | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Territorial police squad | 05/05/24 | | Spruce confused kitty | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Spruce confused kitty | 05/05/24 | | Territorial police squad | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Glittery Center | 05/05/24 | | Territorial police squad | 05/05/24 | | Heady chapel indirect expression | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | maize institution | 05/05/24 | | Territorial police squad | 05/05/24 | | Cruel-hearted Scarlet Pit Trust Fund | 05/05/24 | | Cruel-hearted Scarlet Pit Trust Fund | 05/05/24 | | Fragrant library | 05/05/24 | | Haunting location | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Haunting location | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Haunting location | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Haunting location | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Haunting location | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Anal Theater Stage | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | well-lubricated nubile shrine codepig | 05/06/24 | | carmine stirring plaza useless brakes | 05/05/24 | | maize institution | 05/05/24 | | carmine stirring plaza useless brakes | 05/05/24 | | big doobsian liquid oxygen | 05/05/24 | | Anal Theater Stage | 05/05/24 | | big doobsian liquid oxygen | 05/05/24 | | Pearly Awkward Theater Azn | 05/05/24 | | Apoplectic electric furnace | 05/05/24 | | dashing depressive | 05/05/24 | | Territorial police squad | 05/05/24 | | racy pea-brained hospital macaca | 05/05/24 | | electric tattoo sound barrier | 05/05/24 | | racy pea-brained hospital macaca | 05/05/24 | | wonderful church building | 05/05/24 | | electric tattoo sound barrier | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Razzle plum persian idea he suggested | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Talented box office | 05/05/24 | | Cruel-hearted Scarlet Pit Trust Fund | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Cruel-hearted Scarlet Pit Trust Fund | 05/05/24 | | Pearly Awkward Theater Azn | 05/05/24 | | mewling citrine fat ankles | 05/05/24 | | Anal Theater Stage | 05/05/24 | | slimy beady-eyed double fault | 05/05/24 | | well-lubricated nubile shrine codepig | 05/05/24 | | slimy beady-eyed double fault | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Flesh 180 Casino | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Flesh 180 Casino | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Flesh 180 Casino | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Wine impressive volcanic crater alpha | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Wine impressive volcanic crater alpha | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Wine impressive volcanic crater alpha | 05/05/24 | | Flesh 180 Casino | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Flesh 180 Casino | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Flesh 180 Casino | 05/05/24 | | Wine impressive volcanic crater alpha | 05/05/24 | | Angry native | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | mewling citrine fat ankles | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Flesh 180 Casino | 05/05/24 | | Wine impressive volcanic crater alpha | 05/05/24 | | Charismatic flatulent home black woman | 05/05/24 | | Bat-shit-crazy Goyim | 05/05/24 | | Motley bistre site | 05/05/24 |
Poast new message in this thread
Date: May 5th, 2024 11:25 AM Author: dashing depressive
Wouldn't it be hard to max 401k in your 20s/30s if you're a lowly Fed? Even GS-13s are around 100-120k today and most feds make less than that. And they still have to save for a down, have kids and all that.
Don't doubt that even putting aside 10k in the market every year for the last 20 years accumulates a great deal. But suspect there's extenuating factors allowing these lowly Feds to max retirement from an early age.
(http://www.autoadmit.com/thread.php?thread_id=5525325&forum_id=2#47636932) |
Date: May 5th, 2024 11:56 AM Author: Cruel-hearted Scarlet Pit Trust Fund
Using a basic calculator https://www.bankrate.com/banking/savings/simple-savings-calculator/
An initial 1k deposit plus another 1k per month for 20 years you need 12.7% to hit 1M. Hard to do but not impossible.
(http://www.autoadmit.com/thread.php?thread_id=5525325&forum_id=2#47637005) |
Date: May 5th, 2024 3:22 PM Author: mewling citrine fat ankles
Means almost nothing.
$1 million today is the equivalent to $500k in the 90s and $100k in the 60s.
(http://www.autoadmit.com/thread.php?thread_id=5525325&forum_id=2#47637519) |
|
Date: May 5th, 2024 4:42 PM Author: Flesh 180 Casino
"a rural ARE country"
smart!
no you dont shithead you're still stuck in zogbot hell
enjoy!
(http://www.autoadmit.com/thread.php?thread_id=5525325&forum_id=2#47637783) |
|
Date: May 5th, 2024 4:19 PM Author: mewling citrine fat ankles
I did the math and someone who started working in 2003 would have about $1.2 million if they contributed the max each year and invested in SPY. This is assuming a worst case scenario of contributing everything at the very end of each calendar year (realistically, most workers front load so the actual total would be higher).
year, contribution, SPY return, portfolio total
2003 12000 0 $12,000.00
2004 13000 10.7 $26,284.00
2005 14000 4.83 $41,553.52
2006 15000 15.85 $63,139.75
2007 15500 5.14 $81,885.13
2008 15500 -36.81 $67,243.22
2009 16500 26.37 $101,475.25
2010 16500 15.06 $133,257.42
2011 16500 1.89 $152,275.99
2012 17000 15.99 $193,624.92
2013 17500 32.31 $273,685.13
2014 17500 13.46 $328,023.15
2015 18000 1.25 $350,123.44
2016 18000 12 $410,138.25
2017 18000 21.7 $517,138.25
2018 18500 -4.56 $512,056.75
2019 19000 31.22 $690,920.87
2020 19500 18.37 $837,343.03
2021 19500 28.75 $1,097,579.15
2022 20500 -18.19 $918,429.50
2023 22500 26.1 $1,180,639.60
(http://www.autoadmit.com/thread.php?thread_id=5525325&forum_id=2#47637705) |
|
|