Anyone over forty who started investing early got in on the ground floor of 401k's. Mine started in 1992, when the Dow was at 3000, and continued until Dow hit 14,000 before falling to where it is now. That's why many of us 40+ geezers are millionaires, some being multimillionaires. Anyone who started at the end of the end of the decade was much less fortunate, i.e. the Dow closed arount 11K on 12/31/99, and today is just over 10K. For the geezers, the Dow grew at a CAGR of 18% during most of our active investing years.
Remember that this was also the "golden era of Pharma", with locked in price increases averaging 15%/year, no generic competition, formularies prior auth or any of that crap. P&T committee chairmen could be influenced to get you a preferred status. Six figure bonuses, 6-7% matching 401k contributions, and hefty salary increases were routine. Trips to resorts too numerous to mention. I remember we booked The Eagles for a launch meeting for 2 hours at $300K, no questions asked. Gas & Go, Dine & dash, luxury boxes at sporting events for high writers,all the good bennies for the docs.
Truly the good old days.