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Old 06-23-2008, 12:46 PM
noppenbd noppenbd is offline
$ Saving College Sophomore
 
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Quote:
Originally Posted by jIM_Ohio View Post
I will again state that my advice would be to accumulate as much as possible (as much as you are comfortable with relative to the debt load). 15k into the 401ks is not enough (IMO). 15k is 7% of 210k. You need to double that savings rate.
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Jim, OP first post says that both him and wife max 401ks; I take that to read that they put in 15.5K each, meaning 31K per year. So they are already saving 15%.
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