400k
400k is a numerical value representing four hundred thousand. This quantity can be used in various contexts, most commonly in finance and statistics. In personal finance, 400k is often associated with retirement savings goals. For example, many individuals aim to accumulate $400,000 in their 401(k) or similar retirement accounts by the time they retire, believing this amount will provide a comfortable income stream. The actual purchasing power of $400,000 can vary significantly depending on factors such as inflation, cost of living in a particular region, and investment returns over time.
Beyond personal savings, 400k can represent monetary amounts in broader economic discussions. It might refer to