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Is your 401k up to this standard?
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<blockquote data-quote="clarnzz" data-source="post: 5577432" data-attributes="member: 17250"><p>While above those averages I am nowhere near the 6 times your annual income that is recommended by the time you are 50. Been maxing it out for a few years now after just trickling it in the previous 25 years. its difficult living within your means, by the time you pay taxes, max your 401k and pay necessary bills there isn’t a lot left, it’s pretty painful to do when everyone around you is buying $70,000 trucks , $300,000+ houses and going on fancy vacations a couple times a year.</p></blockquote><p></p>
[QUOTE="clarnzz, post: 5577432, member: 17250"] While above those averages I am nowhere near the 6 times your annual income that is recommended by the time you are 50. Been maxing it out for a few years now after just trickling it in the previous 25 years. its difficult living within your means, by the time you pay taxes, max your 401k and pay necessary bills there isn’t a lot left, it’s pretty painful to do when everyone around you is buying $70,000 trucks , $300,000+ houses and going on fancy vacations a couple times a year. [/QUOTE]
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Is your 401k up to this standard?
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