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For 65? $1 million would barely be barely adequate now for retirement, let alone in 15 years. If you're able to spend "only" $50k/year (including big items like health insurance) you better hope you don't live past 85. Put away as much as possible now and take full advantage of "catch up" rules.
Also, that statistic is complete BS. If they really did look at ALL 401k's, then you're talking about how many millions of people who are my age (34) or younger and of course they aren't going to have 7 figure 401k's!
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1992 968 Polar Silver
2010 Toyota Highlander SE
2006 Lexus LS430 ML
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