Thread: 401k
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Big Ed Big Ed is offline
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Join Date: Dec 2002
Location: Worcester County, MA
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A buddy of mine works for a consulting firm that specializes in 401(k)s and retirement plans in general. He shared some statistics with me which I cannot accurately quote, but they were SICK. Personal savings in the US for retirement is in the crapper. It was awful how unprepared many people are.

So to answer the earlier question, people who max out their 401(k) are in the very small minority.
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Old 05-11-2006, 09:36 AM
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