Has anyone maxed out their 401(k) for over 20 years - what's the secret to their success?
Briefly

from 24/7 Wall St.2 months ago
"What is realistic regarding 401(k) earning potential over 20 years? Can a maximum contribution of $50,000-$70,000 and an 8% growth rate really yield $5 million?"
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/15/has-anyone-maxed-out-their-401k-for-over-20-years-whats-the-secret-to-their-success/
"An employee can contribute up to $23,000 in 2024 or $22,500 in 2023. If over 50, they can add another $7,500 to this contribution."
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/15/has-anyone-maxed-out-their-401k-for-over-20-years-whats-the-secret-to-their-success/
Read at 24/7 Wall St.
#401k-management #retirement-savings #investment-strategy #financial-planning #bogleheads
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