Good Job Marka!
Awesome to see you aggressively investing for your future. You identified the need for investing at about the time most people do. My calculations (with no change in salary or contributions over 16 years) show you will be in the $800,000 range upon retirement.
I hope you get promoted and increase to the yearly max. Also remember that if you are maxed at 50, you can do another $5,000 in catchup contributions. Which could get you another $50,000 by 60.
Keep up the good work. Although, just staying in the L funds may not be the best way to stay to the positive earning side all the time.
If you have $800,000, a 5% withdrawal a year yields $40,000/yr for twenty years.
If you make 5% a year then your principal doesn't go down......
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