3 ms·
Aren’t 401k taxed? Can you write down the math how a police officer can do this easily (get to 1m purchasing power of today’s value in 10 years) please? I canno
by bosie 5y ago
Aren’t 401k taxed? Can you write down the math how a police officer can do this easily (get to 1m purchasing power of today’s value in 10 years) please? I cannot figure it out how to even get a quarter of that
- ericmay 5y agoI highly recommend Reddit's Personal Finance subreddit and this item called the "Prime Directive". Try old.reddit.com . https://www.reddit.com/r/personalfinance/wiki/commontopics https://www.reddit.com/r/personalfinance/wiki/commontopics 401ks are taxed (either a Roth or Traditional 401k) but are tax advantaged. Please feel free to contact me directly. Happy to help. It'll be difficult to get to $1mm in purchasing power of today's value in 10 years without saving around $50,000/year or getting extremely lucky.