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Understanding the role of my 401k contributions in retirement planning
Understanding the role of my 401k contributions in retirement planning I’ve been maxing out my 401k since I started my job seven years ago, and I currently have about $450k in it. I’m 43, married with three young kids. A colleague of mine in the finance department mentioned that my contributions are ahead of what most people are doing in the company. He said that even if I stopped contributing altogether today, I c...
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