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Sounds similar to me, slugging it out at the same, boring company in flyover country. That has allowed me to build up >$1M in retirement savings in mid 40’s.
by madengr 8y ago
Sounds similar to me, slugging it out at the same, boring company in flyover country. That has allowed me to build up >$1M in retirement savings in mid 40’s. Classic tortoise vs. the hare.
- aswanson 8y agoNice work. Most of us, even those in technical fields, usually graduate financially illiterate and 30 seems 1000 years away. We usually catch up, just later.
- madengr 8y agoIt can’t be stressed enough to put in early. Fortunately I maxed my 401k contributions for several years when young and single. Had to cut back to 8% with small kids and stay-at-home mom, but then back to max with dual income. Best thing you can do for kids is open up an IRA when 16 for their first job, and put in $3k year while employee as teenagers. See what it turns into 50 years later.