If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Thanks to the magic of compounding, it gets easier from here and the 500K mark will come much faster.
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?
* There are no shortcuts to anywhere worth going.
To answer the question about pretax versus after tax dollars, about $81K is my 401K. The rest is made up of my Roth and my taxable brokerage account and my general savings accounts.
Brian thats so great, can I ask how long you've been working to get to that milestone?
I've been working since I turned 16. But, I didn't work full time until after I graduated college when I was 22. I started saving around that time, but I was only saving in the form of cash. The only investing that I did was through my company's 401K program. I didn't get really serious about the investing side of the equation until around 2006. That is when I opened up a taxable brokerage account and a Roth IRA.
Comment