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I'm a little confused about your comment, as the $500k appears to originate from people talking about liquid assets, which your pension (at least in the UK) is
by alexchamberlain 8y ago
I'm a little confused about your comment, as the $500k appears to originate from people talking about liquid assets, which your pension (at least in the UK) is _not_.
- jurassic 8y agoIn the US, contributions to 401k retirement plans are not liquid or available for penalty-free use. But the tax-advantaged contributions are capped ($18.5k last year) and people with significant savings often have other money in unrestricted brokerage accounts, savings accounts, CDs, etc.