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To: wny

IRA’s came out in 87’. $2k limit. Today 401K’s are limited to what-$18k? Therefore we can guesstimate what the richest IRA/401k saver can have. So tell me. What is it?


9 posted on 09/11/2020 7:27:46 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: DIRTYSECRET

Which brings me to the question. Make it mandatory? SSI is mandatory. Replace/switch it? Nov. 4 will get us closer to an answer.


10 posted on 09/11/2020 7:29:39 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: DIRTYSECRET

Dave Ramsey’s research is finding a lot of millionaires ARE 401K millionaires. Very few have hit 10 million in a retirement account, but that will change given time.


16 posted on 09/11/2020 7:45:18 PM PDT by tbw2
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To: DIRTYSECRET

Depends on
a) when you started investing
b) how you invested it


23 posted on 09/11/2020 10:18:18 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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