how much do you have in your 401k (or IRA) and how old are you?

[Indolent]

I haven't read the thread and won't say how much I have, but I had a 16% return in the last 3 months. Is the market really dong that well? I haven't payed that much attention lately.

 

[oogabooga]

I'm 25 and have about 7k or so.

 

[jersiq]

Last I checked, it was around 100k (33 years old)
I have an IRA but I've had to correct some spending mistakes I made in the recent past, so I won't be contributing to them for another year.

Company match up to 6% and my company does profit sharing which has helped my contributions.

 

[newnameman]

21, 5k

 

[tfinch2]

Originally posted by: Special K
Make sure to start a dick-measuring thread next so we can see who has the biggest. Also start a "rate my wife/gf" thread so we can see which ATOT'er has the hottest supermodel wife/gf.

Using these three threads, we can crown a winner to the "best person on ATOT" contest.

My dick is bigger than yours.

 

[Dr. Detroit]

34
1) IRA - $15K
2) 401K - $23K
3) 401K - $70K

 

[MoobyTheGoldenCalf]

I'm 37.

I don't have a 401K, but I've got 8 years vested in a pension so far.

I've also got $54K in IRAs.

And $18K in savings.

 

[Triumph]

At the beginning of 2008, had $75,000 in the 401k. At the end, $59,000. I don't know what it is at the moment, but it certainly hasn't recovered that much. Have about $90k in savings, $30k in IRA, another $20k in stocks. Need to do something with those savings. I'm 30.

 

[dionx]

28 years old

about $20K for 401(k)
about $13K for Roth IRA

 

[Pliablemoose]

49, $210K single.

Make that $211, gold had a good day yesterday. The last year was hell on my portfolio, I'm in a defensive position now, bonds, some equities, cash & gold, missed the recent nice run up of the DOW, but I'm not in a trusting mood.

 

[Lithium381]

i'm 25, and have CURRENTLY 12k in my IRA(roth). I've invested more into it, but the market killed me

 

[KentState]

Originally posted by: BlahBlahYouToo

Originally posted by: KentState
I have $0 in 401k at this time @32.

:Q
how/when do u plan to retire?

First of all, who knows at what age we will be retiring in 30 years. Secondly, as I've seen friends loose a ton of money in their 401ks lately, I've been able to manage my investments myself and come out way head. This year alone, I've been able to make $80k in the markets and did not loose the typical 40-50% last year. People seem to lean on their 401k as their retirement crutch and many will be shocked when it's not close to enough in 40 years.

 

[Special K]

Originally posted by: KentState

Originally posted by: BlahBlahYouToo

Originally posted by: KentState
I have $0 in 401k at this time @32.

:Q
how/when do u plan to retire?

First of all, who knows at what age we will be retiring in 30 years. Secondly, as I've seen friends loose a ton of money in their 401ks lately, I've been able to manage my investments myself and come out way head. This year alone, I've been able to make $80k in the markets and did not loose the typical 40-50% last year. People seem to lean on their 401k as their retirement crutch and many will be shocked when it's not close to enough in 40 years.

There are many academic studies out there demonstrating that the majority of personal and professional investors end up losing to the market in the long term after fees and on a risk-adjusted basis if they try to trade actively and time the market.

Most people would be best served by buying and holding a collection of cheap index funds.

 

[Elbryn]

Originally posted by: BlahBlahYouToo

Originally posted by: Elbryn

Originally posted by: vi edit

Originally posted by: James Bond

Originally posted by: Spartan Niner
$1,000 @ 22 yrs. (2 months since I started working)

You put $500/mo into 401K?

For a 22 year old do you think it's too high or to low?

If you can swing it, i'd invest more now. compound interest will carry you quite far down the road.

i didn't know 401k's accrued interest. i thought they were basically mutual funds.

potatoe, potato, compounding interest or compounding gains, call it what you will. same difference over the long term as investments can be viewed as percentile gains over original investments.

 

[Slew Foot]

Id post mine but wouldnt want you all to feel bad

 

[ra1nman]

Meh....currently hovering around 68k. Between Roth, work 401k, and previous employer 401k.

I'm 31 and use to put in 9% towards my retirement up until a year ago...but cant afford it anymore.

 

[cliftonite]

26--- 42k in 401k and about 50k in savings, no debt.

 

[mAdMaLuDaWg]

$32k in 401k, $500 in IRA, and $50k in savings.

 

[Sasiki]

I am 25, wife is 27. No investments and $8,000 cash (after I get paid on the 5th). We are a single income family with a child. She is trying to finish college.. I have this weird feeling that I will be broke for the rest of my life.

 

[Engineer]

Originally posted by: Slew Foot
Id post mine but wouldnt want you all to feel bad

I already know that you have a shit load...I remember you betting on the housing market on the way down...and winning big time!!

I won't feel bad...whip it out on us big boy!!! :shocked:

 

[moparacer]

40 years old and 52,000 in IRA and quite a bit more then that in CDs right now but that will change shortly with CD rates the way they are and I am more confident the economy has began to recover ...

 

[EMPshockwave82]

11.5k in 401k
5k in personal investment account
20k in bank funds of some kind or another

26 years old

 

[xanis]

Originally posted by: joshsquall
I'm 25, wife is 24.

15k in my 401k.
1k in her 403b.
Low teen-thousands in an ESOP.

We both need to start saving more for retirement. Thankfully my wife gets a pension in another 29 years (teacher).

that fucking teacher's pension is the shit. my mom gets 80% of her salary (based on her last contract) when she retires.

EDIT: Me - $0, age 20. I plan on contributing right out of college as soon as I can.

 

[Jadow]

Just turned 31, have 53,000 in 401k and 23600 in Roth, total 73,600.

My wife has a teacher's pension that will pay $2500 / mo (today's dollars) at age 55 if she retires and goes up the longer she works, that thing is gravy, has a net present value of like 500k.

The last 2 years of maxxing 401k and Roth have really pumped up the value, and the stock market from March on has put it on steroids. I've been lucky.

 

[datalink7]

I got started a little late. I am 26 and I have about 6k in there. But I'm not contributing every month