How much do you have in your 401k & how old are you? (debts, fee)

[NYCAnalyst]

23 Years old, $41K in 401K

[lyner]

Originally Posted by NYCAnalyst

23 Years old, $41K in 401K

23 years old and already 41k in your 401k?!

What do you do? / When did you start tucking away $$$ aka get a job?

[NYCAnalyst]

Originally Posted by lyner

23 years old and already 41k in your 401k?!

What do you do? / When did you start tucking away $$$ aka get a job?

I work on Wall Street, I started contributing in October 2008, about a month after I paid off all $17K of my student loans.

I graduated from college in May of 2008 and started working in August of that year.

About 3/4ths+ of the $40K is ROTH money (after-tax). The rest is from employer matching and profit sharing. I also have $20K in my ROTH IRA.

[Kyusa]

im 46, only have 52k in 401k. i started 401k 3 yrs ago, so im doing catch up. i contribute max at 33%, and company match 6%. i have some side investments as well. ill retire at 62, so i get about $2000 to $2500 per month in pension. im not sure not what future financial situation would be. i hope i be comfortable

[h152cc2]

23 years old and 40K in 401K. I am an engineer =)

[bluetruckguy]

Am 32. 30K in 401k and another maybe 8 in IRA

Late Start.. just 2 yrs ago..

[atlSaver]

31 year old male married with combined $208K in retirement accounts $176K in taxable accounts. Saving everything I can.

[psr13]

Originally Posted by joe moving

My employer does not match at all... is this normal????

For me I guess I said - well if the company is not matching I do not understand the point of a company 401k. I can get a traditional IRA with anyone for free and not have to worry about them changing banks every year, or when I change jobs?

I am maxing out my Roth IRA, that is all I am doing right now, age 29 - 25k in there. we are trying to pay off the house.

My employer matches up to 1500, but unless you stay with the company at least 6 years, you lose the money it matched. I'm not staying here that long, so I'm not contributing as much as I would if I would keep the match. One hubby gets a job, we'll look into a roth or something.

[bendan2000]

Originally Posted by usedtobeanyer

I've always been very curious to see how I compare to others my age in terms of retirement savings. I don't feel great about how much I have saved considering how old I am but curious to compare to others who are willing to share.

I'm 41 and have about $130,000 currently in my 401k, with another $5,000 or so in an IRA.

I'm 42 and I have about 70k in my 401k, and about 50k in a separate stock portfolio. When I was in my 20's I did something really really stupid and that was to cash out when I quit my job to go traveling (so I missed the boom years of the 90's!). I'm trying to catch up by hoping I can turn that 50k into a million in the stock market

[juggler]

It's been so long since I'd checked my 401 balance, I'd forgotten my user ID & password. I have auto re-balancing set, so it does not need much maintenance.

Anyway, I'm 38 and it's sitting at $367K.