Who Wants to Be a Millionaire

Sponsor Articles Participant Articles Why Take Risk An Extra 1% You Make the Call Be a Millionaire?

Age	# of Years in Plan	If You Save	+	Company Match Contribution	=	You Will Have
30	35	$210 / month		$900 / year		> $ 1 million

Is that your final answer?

It shouldn’t be – You should try to maximize your 401(k) contribution to the highest level.

Based on an employee making $30,000 per year with 2% cost of living increase each year, a 9% return on investments and a Company Match of 50¢ on the dollar on the first 6% of salary deferred.