But that still skews the dollars invested. At age 22 (college grad) you might make $50K. You put in 6% and get a 3% match, for $4500 into your retirement fund.
Fast forward to age 50, when you're making 200K (this is 28 years from now, so inflation and pay raises bump you very high), you're putting in the same %, but that equates to $18K/year.
So even with dollar cost averaging, the majority of your money is invested in a small, 10 year time window when you are at peak earnings.
Fast forward to age 50, when you're making 200K (this is 28 years from now, so inflation and pay raises bump you very high), you're putting in the same %, but that equates to $18K/year.
So even with dollar cost averaging, the majority of your money is invested in a small, 10 year time window when you are at peak earnings.