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You are 32 years old and earn $82,000 per year and contribute 8% of your salary to your employers 401(k) plan. Your employer matches 50%
You are 32 years old and earn $82,000 per year and contribute 8% of your salary to your employers 401(k) plan. Your employer matches 50% of your contributions. If your salary does not change, and you expect the plan to earn 9% annually, how much do you expect to have in the plan at each of the following ages?
40 years old
50 years old
60 years old
70 years old
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