CFP® Joe Anderson shows you how much you could accumulate in 401(k) savings over a 10, 20 and 30 year span.
0:44 “If you can max out your 401(k) plan over the next ten years, you’re going to have $300,000 saved.
1:09 “It doesn’t take rocket science here; it takes a little bit of time, a little bit of discipline, and then having a goal, making sure you figure out what you need to do”
1:32 “Now you can live the dreams you want in retirement, just by looking at the numbers a little bit differently instead of saying ‘oh it’s never going to happen’”
1:46 “It’s looking at your 401(k) balances, saving a little bit of money, and looking at that compound growth work its magic”