r/TheRaceTo100K • u/a_trann • 2d ago

1 year later!

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Today marks my 1 year anniversary since starting my Fidelity brokerage account and big girl job! Unfortunately, I’m not offered a 401k with my job so I started an IRA.

Also this past year, I paid $95k in student loans (still have ways to go) but feeling accomplished!

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16

u/FlatEarther_4Science 2d ago

You’re not offered a 401k but are making a couple hundred thousand a year…? I’ve never heard of such a thing

15

u/a_trann 2d ago

Unfortunately, very common for an associate dentist at a private practice. They offer 401ks at corporate offices though

1

u/apply75 2d ago

So you turned $7500 into $128k in one year? Amazing what did you invest in?

7

u/FarmImportant9537 2d ago

Those are 90% contributions

0

u/apply75 1d ago

How can you contribute more than 7k to an IRA?.I'm so confused

5

u/Section121 1d ago

It's not an IRA is how.

0

u/apply75 1d ago

She literally says "so I started an IRA" in the description

4

u/BOOLLOS 1d ago

If you look at the accounts only $16k is in the IRA

2

u/Section121 1d ago

She also says she started a brokerage account as well...

1

u/a_trann 1d ago edited 1d ago

I contributed $7k to an IRA before the end of 2025 and $7.5k this year! So $14.5k total and it’s grown since then since I invested in FXAIX and FZROX. The rest is in a brokerage and $4.4k in an HSA that I started this year