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Is it smart to have both a 401k and Roth IRA?
Why is Roth better than traditional?
The biggest difference between a Roth IRA and a traditional IRA is how and when you get tax breaks. Contributions to a traditional IRA are…
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How much money does the average 70 year old have in savings?
What is a good net worth by age?
Age of family headMedian net valueSummary of quality35-44$ 91,300$ 436,20045-54$ 168,600$ 833,20055-64$ 212,500$ 1,175,90065-74$ 266,400$…
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How many 401k millionaires are there?
Why you shouldn't use a 401k?
There are more than a couple of reasons why I think 401 (k) s is a bad idea, including giving up control of your money, having extremely limited…
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How much does the average 60 year old have saved for retirement?
Fidelity says that at the age of 60 you should have saved eight times your current salary. So, if you earn $ 100,000 by then, your 401 (k) balance should be $ 800,000. How much…
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How much should I have in my 401k at 45?
What percentage of Americans have $1000000 in savings?
A new study shows that there are 13.61 million homes with a net worth of US $ 1 million or more, without the value of…
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