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401k milestone

August 29th, 2021 at 12:35 am

As of this week, my 401k balance topped the $200,000 mark for the first time.

I started this account when I started working here per diem in April 2016. I went part time in February 2017 and full time in November 2017. I contributed the maximum allowed in 2018, 2019, and 2020.

So 200K accumulated in under 5-1/2 years. Not bad at all.

6 Responses to “401k milestone”

  1. Dido Says:
    1630200626

    Nice!

    My 401k will hit 100k this week, accumulated in a bit under 5 years. Not as impressive as your 200k but in line with my income. The markets have provided strong tailwinds over this time!

  2. disneysteve Says:
    1630201467

    That’s great, Dido.

  3. mumof2 Says:
    1630211427

    awesome job

  4. Wink Says:
    1630238801

    Well done!

  5. LivingAlmostLarge Says:
    1630446094

    Congrats! That's really fast to hit $200k. How did it happen?

  6. disneysteve Says:
    1630457358

    "Congrats! That's really fast to hit $200k. How did it happen?"

    A combination of a high contribution rate, a generous match, and a strong market.

    Since April 2016:
    My contributions: $107,955.52
    Company match: $42,649.37
    _____________________________
    Total contributed: $150,604.89

    Current value 8/30/21: $200,395.59

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