‘401(k) emptied out to come here!’
The 401(okay) is having a second.
President Donald Trump has been continually touting his administration’s position in making them fatter. Social media is alive with 401(k) millionaires celebrating the milestone by sharing their monetary statements on-line.
And now this from a Philly fan.
— Shaquille Brewster (@shaqbrewster) February 4, 2018
Of course, this man’s retirement by no means actually had an opportunity if he emptied his complete account to pay for a Super Bowl journey. The common worth of a ticket this yr got here to about $5,000. Let’s say he introduced his entire household of 4, paid for a lodge room, perhaps even some round-trip flights. So, about $30,000 at most?
That’s nicely under the common saved for these utilizing 401(okay)s, which Vanguard says is nearly $100,000. Then once more, most Americans don’t also have a 401(okay), so in that regard, this Philadelphia fan was forward of the recreation. Until he spent all of it.
The maybe ill-advised nature of the transfer wasn’t misplaced on Twitter:
After the Eagles defied oddsmakers and beat the Patriots in a shootout, it’s uncertain this Philly fan is regretting his choice.