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401K hit a milestone today

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    401K hit a milestone today

    I just checked my 401K balance this morning. It rolled over to just over $100,000 today.

    I started it back in May of 2003. I started out putting away 7%, and for the past 7 years have been putting away 10%.

    My company matched dollar for dollar on the first 3% of contributions.
    Brian

    #2
    Awesome!

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      #3
      Whoo-hoo! Congrats.

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        #4
        Congratulations! Do you plan to increase the percentage, or do you prefer to save additional retirement funds outside of your 401K.?

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          #5
          Congrats Brian. Keep it up!

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            #6
            Congrats! I can't wait for the day our 401k hits that milestone!

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              #7
              Originally posted by scfr View Post
              Congratulations! Do you plan to increase the percentage, or do you prefer to save additional retirement funds outside of your 401K.?
              I plan to keep it at 10% for now.

              I have a Roth IRA and a taxable brokerage account that I contribute to monthly. I like the level of control that I have in those accounts as opposed to the limited offerings in my 401K.
              Brian

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                #8
                Great job!!

                It just shows that investing even a small amount on a regular basis adds up over time....and that is even with a huge stock market crash mixed in! Ignore the short-term, focus on the long-term.

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                  #9
                  Congrats. Slow and steady does the job. Keep it up.
                  Steve

                  * Despite the high cost of living, it remains very popular.
                  * Why should I pay for my daughter's education when she already knows everything?
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                    #10
                    Congratulations! I'm getting close to the same milestone in my Roth IRA. Maybe tomorrow if the market is up? I'm less than $300 away.
                    My other blog is Your Organized Friend.

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                      #11
                      Congrats! That is a very good milestone to hit, indeed.

                      I'm not quite as far along as you, but I'm socking away 15% including match and the balance is steadily climbing. In another year, I should be right about where you are at. I've noticed as a 6-figure retirement account nears, the excitement increases exponentially. I remember back when I was contributing on-and-off and had a $15k balance, I never thought it would amount to anything.

                      Best advice received to date: Keep saving!

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                        #12
                        Congrats! I hope to be there some day too. Maybe next year I will probably hit it, also will depend on the market too. Hopefully it will still go up, but I will have to wait and find out.

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                          #13
                          Congrats!

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                            #14
                            Congrats, I remember those days.

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