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I'm a Millennial With $122,108.22 in My 401(k): How Much I Contribute Every Month [Yahoo! Finance]
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Check Out: How Much Monthly Income Could You Get From a $200,000 Annuity? Read Next: One Smart Way To Grow Your Retirement Savings in 2024 Justine Nelson, the founder of the blog and YouTube Channel Debt Free Millennials , shared how she grew her retirement balance to $122,108.22 by understanding basic investing concepts and making a few strategic decisions along the way. Here are some of her tips: Sponsored: Credit card debt keeping you up at night? Find out if you can reduce your debt with these 3 steps 1. Consolidate Accounts When It Makes Sense and Watch Fees In 2014, Nelson paid off $35,000 of student loan debt in 2.5 years on just a $37,000 salary at the time. Once she became debt free, she decided to start putting some of the money that was freed up toward investing. She opened a Roth IRA and started contributing money but soon realized there was an upfront fee of 5% and annual fees of around 1.5%. Nelson also had a 403(b) account through her employer. In 2016
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- Q3 Earnings Loom: What Can Investors Expect? [Yahoo! Finance][Yahoo! Finance]
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