You’re way ahead 🙏 Don’t beat yourself up.
Are you saying all that 250K has been contributed by you from 30-33 yrs so around 4 years. 250K is still a good amount. You wont have millions by your mid 30ies in your 401K even if you contribute max from start of avg working age ie 22-24.
How well you're doing depends on how much you need/want. Have a goal in mind and see what you need to track towards that goal.
The question is , what else is going on for you? House?
House that's only 25% paid off...
How expensive? Not bad!
Is it recommended to max out if company matches 2% of Salary (Amazon New Grad)?
Can’t change the past. Start maxing out contributions and allocate optimally.
How much do you need for retirement? It’s a mix of how much you spend (lifestyle), how much you can save and how long do you want to work. I did not have much savings until my 35 (200kish). Just recently I started saving a lot (200k/year) and I’m catching up. I live a reasonable simple life (spend around 100k year including mortgage, married with kids). I believe somewhere between 45-50 I’ll retire. You’re young and multiple things can happen. You can either spend less, save more or both, and that will dictate when and if you’ll be able to retire.
How do you save 200K a year? If you a chunk of it in Microsoft stocks thats not technically savings but an investment. Also OP is asking specifically about 401K amount and not personal savings
I max out pre and post tax investment in 401k and remaining I buy etfs and stocks in my fidelity account. At the end is all about money saved for retirement it doesn’t matter if it’s in 401k or not. 401k is only a special account with tax benefits. AFAIK you can trade stocks in your 401k account as well if you want.
You’re at FB, do the mega backdoor roth.
Haha, I only started at 36. If you are fucked, I am dead
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Not fucked. Just need to keep saving now