Re: Rep Retirement Lodge 134: Huh?
I have no clue *exactly* what Profit Sharing Plan my company has, but I know it's pretty good, and allegedly only 3 companies still have it (you can't have it now, unless you were grandfathered in). Basically, I get a % of my gross income tossed into some account. Last year it was 20.97% (fully vested, which I was). It hasn't dipped below 18% in the last 5 years, and in the last 3 years, including the big recession year, it hasn't dipped below 19% and change. And I don't contribute to it, because I can't. They literally give you money.
While I know inflation will take a toll, I'll be a "millionaire" by the time I'm in my early 50s.