The median 401k account is about $18.5k. And that is right now after a 5 year bull market, so half of that could be gone in a year.
I plan on having that much after the first 2 years but most of these other people must have accounts older than that. To me, its crazy how people invest so poorly. Im putting $5k in my account each year. But thats easy for me to say. I have been really interested in trading for almost 8 years now. Most never learn more than what I learned in my first few months.
Some people may not put in as much as I do or they may put in much more. Percentage gain is best to compare, if it were possible. But if I can grow my account larger than the median within a few years, then that means my account could double every 3 years or so. My account growth would be steep.
Competition is not fierce, its scarce.
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