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Achieving a million dollar balance in your 401K
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01-26-2012, 08:02 PM
jadet
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Quote:
Originally Posted by
bjl584
Secrets of the 401k millionaires - 1 - retirement planning - MSN Money
Some highlights from the article:
0.2% of 401K holders have a million dollar balance or more
The median 401K balance is $60,000
Only 9% of 401K holders contribute the max ($17,000 a year.)
They didn't have 401ks until the 90s...that would explain the .2% million dollar balance.
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