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How much $ do you put in 401k?
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<blockquote data-quote="olbrownmare" data-source="post: 285145" data-attributes="member: 13477"><p>401(k) started in early or mid '80s, when Thrift plan was still around. I started off putting in only 3 or 4% but tried to increase it whenever I could. Like others, I found I never missed it when I increased it. I've been maxing it out since about '93 - by percent which used to be max of 15, or $$ last few years. It's now around $350k. The young employees reap the biggest benefit for putting in even a little money each year, because of all the years of compounding.</p></blockquote><p></p>
[QUOTE="olbrownmare, post: 285145, member: 13477"] 401(k) started in early or mid '80s, when Thrift plan was still around. I started off putting in only 3 or 4% but tried to increase it whenever I could. Like others, I found I never missed it when I increased it. I've been maxing it out since about '93 - by percent which used to be max of 15, or $$ last few years. It's now around $350k. The young employees reap the biggest benefit for putting in even a little money each year, because of all the years of compounding. [/QUOTE]
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How much $ do you put in 401k?
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