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Asked 12/11/2008
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How much money can a 401k account draw over a period of 35 years? I'm do to inherit a 401k savings account and I wondered how much it would be worth (ballpark figure) |
Answer 1/2 - Submitted 12/12/2008
Answer 2/2 - Submitted 5/7/2011
The value of the account can vary greatly based on many factors, including but not limited to the amount of money contributed by the individual, the amount of money contributed by the employer, the investment returns, the amount of any loans the individual may have taken from t he 401(k), etc. The only way to know for sure would be to get a copy of the most recent account statements.
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