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Originally Posted by DJay23
Same here. Well maybe not pissed, but disappointed that I wasn't wise to it.
I've gotten a late start on supplemental retirement savings and have already banked a lot. I shudder to think how much I would have if I had started saving at 22 rather than in my 30s.
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I’m 50. I e been contributing the maximum to a 401k for 25 years. It’s quadruple what I’ve put into it (about averaging 5-8 percent per year over this time) but still is only worth about 5 years salary at my current level.
I wish I’d also had started an E-trade and IRAs on top of that or property investments.
401k isn’t enough. IMO.
Plus, the past 7 years have been unprecedented. nasdaq took 12 years to get back to it’s 1999 level.