Quote:
Originally Posted by FlyingScot
True, but not really. If you have $100K or so in the stock market via your 401K, you might pick up $7-8K/year on average. That's nice, but hardly earth-shaking.
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I strongly disagree if you are in your mid 30s with 100k making 8% compounded over 30 years even without additional contributions is 1m. That’s significant and that’s without adding another penny. Additionally if you have it in a Roth IRA it is completely tax free.
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