FYI: I JOINED MY company’s 401(k) plan at age 25. Now, I’m 51. Over the intervening 26 years, there have been many market cycles, recessions, bull markets, a financial crisis and countless periods of market volatility.
Still, my 401(k) is well on its way to being big enough for a comfortable retirement. How did it get there? A third of the balance came from my contributions, a third from my employer’s matching and profit sharing contributions, and a third came from investment gains. The stock market, my employer and I have proven to be powerful partners.
Regards,
Ted
http://www.humbledollar.com/2018/08/powerful-partners/
