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$47,000 in 401k at 40 for spouse and I. Reality is hitting really hard and we need a wake up call. What percentage should we be contributing now?
$47,000 in 401k at 40 for spouse and I. Reality is hitting really hard and we need a wake up call. What percentage should we be contributing now? □ 401k is about 9 years old. In 2016, husband (I'll call Anthony) was making between $40,000 - $50,000 at thr time. His company contributed 7% (without match needed) into a 401k automatically. This continued for 7 years. □ Anthony's income slowly increased over time. A year ago, we began contributing an additional 7% and his pay increased to abo...
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