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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: hpeace who wrote (12621)1/4/1998 5:09:00 PM
From: Michael P. Michaud  Read Replies (1) | Respond to of 97611
 
Steve,
re 401k dollars....My wife and I have been putting in 14% of our income in 403b/401k....your advice to Ken is right on but he needs to anti up $300 per month to get 1 million in 30 yrs (assuming hi growth which is generally 12%/yr, which does NOT include employer matching) And $300/month is easily doable even for a couple of working class stiffs like ourselves...Pre-tax dollars and tax deferral are a Godsend. Only problem for us is we get matched dollare for dollar only up to 5% (Any job openings at CPQ????)
Mike