No. of Recommendations: 0

As it was for every 55 year old when they were 25 which was right around when 401Ks started to be come available.

Well, not quite for "every 55 year old when they were 25".

FWIW, very few companies offered 401Ks when they "started to be come available" (which would have been 30 years ago according to your calcs). Most companies got on board in the late 80's, and some not until the early 90's. My company didn't offer one until 1990 (when I was 40, not 25).

That leaves a lot less time to accumulate funds.

Just sayin'...

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.