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But how long will a maxed-out 401(k) plan last you? GOBankingRates analyzed the 401(k) contributions to find the value of a 401(k) after maximum contributions throughout a 30-year career ...
How Long a 401(k) Will Last with Social Security. New Jersey Average: 12 years, 9 months, 29 days. National Average: 15 years, 8 months, 8 days.
In contrast, in West Virginia (No. 1 spot), your 401(k) and Social Security benefits will last you the longest, with 21.36 years; while in Hawaii, they will last you the least, as you will deplete ...
In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer .
How Long Will the Average 401(k) plus Social Security Benefits Last in Florida? A recent GBR study found the average 401(k) in the United States to be about $555,621. This amount of money plus ...
Here is how long your 401(k) plus Social Security benefits will last you in Arizona, per each major category of cost of living, based on the study from GOBankingRates. ... how many years the ...