I contributed the maximum amount from 1997 until 2020.
My initial contribution was about $1,200 a month, it would gradually increase as the government raised the limit. From 2015 until 2020 I was taking advantage of the government "catch up" rule and putting $2,000 away each month.
My condo is now worth $185,000.
My share of the rental house is $170,000
My 457 balance is $483,000
My Fidelity account is $149,000
My savings balance is $74,000
For a total of $1,061,000.00
If you have any questions, I'll do my best to answer them.
We are debt free, we paid off the house several yrs. ago, and paid cash for all of our rentals. Our cars are paid off as well.
I thank you for taking the time to read my personal story. If you gained something useful from it, please feel free to hit the "star" button.
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How I Became a Millionaire
Non-FictionThis is a story on sharing my habits and life style changes, that allowed me to become a millionaire at the age of 55. Without earning a degree, or receiving any inheritance. I worked an average job for many years, and I hope you will find so...
