I realize this is very subjective but I'm trying to get an idea of where I'll be and I'm not sure what numbers are safe to plug in to investment calculators.
Generally speaking over say a 20 year period investing in a 401k mutual fund, the 5 and 10 year returns on the funds I'm in are in the 10-12% range. I'm giving myself 7% for the 20 years, which I'm thinking (hoping!) is conservative. Fair?
I'm 37 right now, investing 15% per year into my company 401k and have been doing so for the past 8 years or so. I'm looking to kick things up after discovering this site and I have about 150k in the mutual funds plus a couple of hundred thousand equity on our home. My wife is in much better shape at 35 years old with about 400k invested (love you, babe ) and I'm trying to pull my weight here.
Generally speaking over say a 20 year period investing in a 401k mutual fund, the 5 and 10 year returns on the funds I'm in are in the 10-12% range. I'm giving myself 7% for the 20 years, which I'm thinking (hoping!) is conservative. Fair?
I'm 37 right now, investing 15% per year into my company 401k and have been doing so for the past 8 years or so. I'm looking to kick things up after discovering this site and I have about 150k in the mutual funds plus a couple of hundred thousand equity on our home. My wife is in much better shape at 35 years old with about 400k invested (love you, babe ) and I'm trying to pull my weight here.