I had $17k in the 401k when I was laid off from my last job - it had been twice that but there was that big collapse. Raised a lot of kids and couldn’t put much away. Always something but never much. That was in my 40s.
I am dug out now, mostly, in my 50s, not to the point I think I’ll retire but oh my God when I look at the difference between them and now it’s crazy, there is so much more.
I just want to say, don’t give up hope. I would never have dreamed that this would turn around and it did. And the kids grew up too.
Oh, sorry, I haven’t given up hope. It was sort of said with…a laugh. I do have some investments I’ve made as of late that are looking like they could pay off big…we’ll see. Either way, I still sleep okay at night and I have a roof over my head so I can’t complain.
I am absolutely beyond broke on paper. My debts are well into the six figures and my bank account is in the low five figures.
I’m in my 40s and have a whopping $15k for retirement and no assets.
It’s pretty awesome.
I had $17k in the 401k when I was laid off from my last job - it had been twice that but there was that big collapse. Raised a lot of kids and couldn’t put much away. Always something but never much. That was in my 40s.
I am dug out now, mostly, in my 50s, not to the point I think I’ll retire but oh my God when I look at the difference between them and now it’s crazy, there is so much more.
I just want to say, don’t give up hope. I would never have dreamed that this would turn around and it did. And the kids grew up too.
Oh, sorry, I haven’t given up hope. It was sort of said with…a laugh. I do have some investments I’ve made as of late that are looking like they could pay off big…we’ll see. Either way, I still sleep okay at night and I have a roof over my head so I can’t complain.
I’ve been there. It sucks. But it was possible for me to get out. It took years. Be careful, and be ready to catch any luck that might come your way.