If a 30-year-old employee consistently socks away 15% in a 401(k) plan, gets a 4% raise each year and earns 6% a year on his investments, at age 65, his 401(k) balance will equal 7.3 times his final year's pay.
Stepping cautiously through the slime until he reached solid ground, looking disoriented, he regarded his image in the shallow water of the river while the paratroopers dried their feet with an old shirt, then pulled on their socks and boots and rolled down their pants.