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Old 07-07-2005, 11:51 AM   #2769
Mmmm, Burger (C.J.)
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Join Date: Mar 2003
Location: Pop goes the chupacabra
Posts: 18,532
Why oh why did my 401k die?

Quote:
Originally posted by Mister_Ruysbroeck
I put in about 15K a year. My wife does about 12.5K. We're projected to retire with about 2-3 million (YMMV) in our 401(k)s. Sounds pretty good to me, considering we'll both be getting pensions and social security, as well.
.
You think Soc. Sec. will be there for you?

Hahahahahahahahahahahahahahhahahahhahaah.

Anyway, 2-3M sounds good now, but that's more like 1M (today's money) in 30-40 years. Of course, that's 1M more than Sebby will have.

Agree re Pony. Also, haven't bonds been hit pretty badly because of rising interest rates? (I'm not sure because I'm too young to own bonds) That's going to put a damper on any gains.
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