40 F. I was in an abusive marriage where I was a SAHM, and thankfully got divorced a few years ago. I re-entered the work force and am just starting my 401k, so I am very behind and pretty much panicking.
I have only $10k in my 401k so far. My salary is about $103k with a 3% annual raise, sometimes more. My company matches up to 6%. I am contributing 10% of my salary because that is all I can afford at the moment. I will increase my contributions as I can afford to.
The only thing I have going for me is that I have no debt besides a mortgage, with a balance of $70k that I have just a few years left to pay on. My home appraises at $600k. Will I ever be able to retire comfortably or am I basically going to be working until I die? Any advice is appreciated!