Dad has $25,000 in his 401k account and contributes 5% of hissalary ever year. His employer will match up to 10% dollar fordollar. He currently has 100% of his 401k invested in the fixedrate fund earning 2%. How much money will dad have after 30 yearswhen he is going to retire? Dad, 35, is an electrical engineer andearns $60,000 per year working for a local aerospace company. Hehas been getting a 3% raise every year.
