How Much You Should Save In Your 401K By Age - 2024 Edition!

Thanks for watching. How's your 401k balance? Let me know in the comments. Also...plz subscribe 🥹

s a soon retiree, keeping my $401k on course after a rocky 2022 is top priority. I have been reading of lnvestors making up to $25Ok R0I in this current crashing market, any recommendations to scale up my R0I before retirement will be highly appreciated

It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

I’m 55 from southeastern Ohio but worked overseas all my life. I have savings of $1,000,000 and I'm ready for retirement, only concerned about the soaring inflation. Is this enough to retire comfortably, or do I need some sort of money management?

Wow. I am blown away by this presentation. I was an insecure 49 year old on SS in January 2018 when I started buying Bitcoin/crypto. Everyone though I was irrational. Most still do. I put my income in every month and watched the value drop each month but for some reason really believed in Bitcoin and alt coins/blockchain even though I don't totally understand. Finally, the crypto market started turning around and I am astonished at the value of my crypto currency portfolio today. I engaged in active trading and managed to grow a nest egg of around 2.3B'tc to a decent 27B'tc....At the heart of this evolution is Kerrie Farrell, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment....

Please never become a sellout like all the other financial youtubers. We need you , and thank you for everything 🙏

Prosperity doesn't come out that way overnight. What Most people see at a glance-wealth, a perfect career, purpose-is the results of hard labour and hustle over time. I pray anyone who reads this will be successful in life...

I'm 35 with $145k in a IRA and $27k in a 457b. I also can collect a pension at 52 years old. I also have 6k in crypto and 25k in a regular brokerage account. 50k cash in CDs. I have a GED and grew up without parents and managed to educate myself on finances when I got my first job at McDonald's at 17.

I’m 37 single no kids been investing since I was 19 years old now I have 340k in my tsp/ Roth combined . Very thankful .

Im turning 30 in a couple of weeks and im sitting at $67,300 between my Fidelity ROTH & 401K accounts. I bought a duplex in 2020 for 316k and it’s worth about 550k. I owe 245k on it so I have just around 300k equity.

Please start asap!! I thought I started late at 28, but now in my mid 40s I thought I wasn’t doing too good. Nope I’m almost at 700g. I actually dropped my contribution to the min company matching. Because basically what I got now is going to continue to grow. Technically I think I could retire now, but the job is too good 😢😢 anyway not trying to boast. I’m just saying you really don’t get compound Interest and time. But more importantly you don’t understand the freedom to choose and not be worried. Even if you starting late don’t fret. Just do what you can. You will be surprised.

I am very fortunate and feel very encouraged by your videos. Our best advice we got out of school were two things: Don’t pretend to know things; be humble and ask for help AND start contributing to your 401k at the max; diversify. Now as middle agers, my husband and I are enjoying our careers, raising young adults 😅 (plus one corgi puppy) focusing on our health and relationships. We can’t feel more grown up than this!😂 Keep on Humphrey ❤

23 living with parents with 18.5k in 401k and 13k saved. Car payed off in 2 years bought it when I was 19.

You have the best content of its kind! One of your videos covers two to three topics covered by other creators. Your presentation is easy to understand, succinct, and entertaining. It’s never a slog listening to your videos. Keep up the great work! It’s definitely helping me.

Currently 26, only contributing my match from my employer. Rest of my contributions are in a roth. Have $400 in total. Started last month

Age 75. Retired at age 65. Compulsive saver and not an idiot investor over a 40 year career. 401 k after 10 years of retirement and taking required minimum distributions starting at age 71 is over $8,000,000 today. Didn’t skimp on lifestyle during working years. Saved at a pace of about 8% of income during my working years. No magical investment style, just simple broad based mutual funds and now ETF’s. I did, however had earnings in the higher range.

I am very fortunate and feel very encouraged by your videos. Our best advice we got out of school were two things: Don’t pretend to know things; be humble and ask for help AND start contributing to your 401k at the max; diversify. Now as middle agers, my husband and I are enjoying our careers, raising young adults 😅 (plus one corgi puppy) focusing on our health and relationships. We can’t feel more grown up than this!😂

All your videos are great. Thank you for sharing your knowledge.

This video simultaneously makes me feel better about my situation, and anxious about the rest of my family's future.

Thanks so much, this was a very informative video! 🎉