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Benzinga
Benzinga
Business
Adrian Volenik

A 59-Year-Old Career Nurse Feels 'Defeated And Cooked' After Learning Her Coworker Has Saved Nearly $500,000 More For Retirement

Confident,Happy,Woman,Nurse,Smiling,With,Crossed,Arms,With,Healthcare

A longtime nurse approaching retirement recently posted on Reddit that he felt “defeated and cooked” after discovering a coworker had $460,000 more saved in their 401(k).

He shared his financial situation on the r/retirement subreddit, noting that he and his wife have about $240,000 saved for retirement, plus an anticipated $1,100 monthly pension, Social Security benefits between $1,800 and $2,300, and roughly $200,000 to $300,000 in other savings. “I absolutely can't grind out eight more years working full-time,” he said.

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