|
Registered
Join Date: Jan 2005
Location: Houston (The Vintage), Texas
Posts: 4,526
|
Went over my first 401(k) statement
Hopefully I can retire by 50!
I need to learn more though. I am not an an econ major and need to buy some books to help me. I made a 10.79% return last year using Merrill Lynch and hope to do better next year.
This is addicting.
Edit: I am 23 and hope to work just shy of 30 years. I put in 6% and my company matches up to 4%. So I assume if I add 10% every year and I am able to have a 10-15% return I shouldn't do that bad. It's shocking to realize how few people have even started a retirement fund.
__________________
-Tom
'73 911T MFI - in process of being restored
'73 911T MFI - bare bones
'87 924S - Keep's the Porsche DNA in my system while the 911 is down.
aka "Wolf boy"
Last edited by BRPORSCHE; 01-19-2011 at 10:06 AM..
|