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Time to bump up that 401k
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<blockquote data-quote="olroadbeech" data-source="post: 5311924" data-attributes="member: 52145"><p>7 YEARS!!!!!!</p><p></p><p>ya it's down about 20 % this year but what has it grown in last 7 years????? The dow in 2015 was around 17,500. It doubled since then until this last downturn. Even with the current downturn ( which wont last forever ) it's up almost 80%. </p><p></p><p>mine has gone up $400k in last 7 years even with this 20 % downturn. I can not contribute to 401k or my IRA's anymore but still have a non retirement brokerage acct. with Vanguard which I contribute to every month.</p><p></p><p>We have almost as much in IRA's as the 401k . The Vanguard Index funds have done much better than Prudential instruments.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 5311924, member: 52145"] 7 YEARS!!!!!! ya it's down about 20 % this year but what has it grown in last 7 years????? The dow in 2015 was around 17,500. It doubled since then until this last downturn. Even with the current downturn ( which wont last forever ) it's up almost 80%. mine has gone up $400k in last 7 years even with this 20 % downturn. I can not contribute to 401k or my IRA's anymore but still have a non retirement brokerage acct. with Vanguard which I contribute to every month. We have almost as much in IRA's as the 401k . The Vanguard Index funds have done much better than Prudential instruments. [/QUOTE]
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Time to bump up that 401k
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