401(k) Peeps...

[Bob Vila]

How much did you make over the past year in your 401(k)?

Did you do well? Did it flop?

As far as me...I did outstanding!

I made over $3700 bucks this year, putting 6% into it out of my own pocket and the company matching 3% of that. I am averaging approx 28.6% Rate of return.

Once I get another raise in May I'll up my contribution to 12% into which the company will match their max of 12%

Hello early retirement

 

[posol]

0

 

[Bob Vila]

me>yU0

 

[mjfubar]

yea early retirements cool

 

[phunky.buddha]

28.3% GAIN bizatchez!

 

[CRX-YEM]

yeah I'm doin pretty good as well

Rate of Return for the period beginning July 18, 2002 and ending December 29, 2003 is 18.45%

Rate of Return for the period beginning January 1, 2003 and ending December 29, 2003 is 21.42%

 

[Jeef]

I need to get a 401k, my company has one set up for me, but I probably won't make the 5 years to get vested in the company.

 

[CRX-YEM]

yeah Jeef I got lucky I guess I've been with the company 8 years and the 401(k) was just started in 2002, you need to be with the company 5 years to be 100% vested, They made the vesting option retroactive to the date of hie so I was 100% vested when the program started.

 

[JDMilan]

<<--- no 401k for me as of yet.

 

[Airjockie]

well, I dump $50 a week into it, and the company drops $25 as their match....I can't afford the $126 max that I can put in it, and they would match at 50%.....interest...is normal.

me payment for one year= $2,600
the company pay's into it= $1,300
---------------------------------------------
$3,900

not bad for one year...