I am X years old and have X saved in a retirement fund

[Anonymous]

PP, what's your PITI or do you rent?

[Anonymous]

Anonymous wrote:PP, what's your PITI or do you rent?

I dont have the exact figure, but its about $2,000.

[Anonymous]

Spouse: 26
Self: 24
HHI: $70k
Spouse TSP: $8,500
Self TSP: $4,900
No kids

We're trying to move up the pay ladder.

[Anonymous]

Anonymous wrote:Spouse: 26
Self: 24
HHI: $70k
Spouse TSP: $8,500
Self TSP: $4,900
No kids

We're trying to move up the pay ladder.

At 24 (and likely your income), I had less in retirement savings than you, like 2K saved. I'm 29 now and have $73K. Slow and steady wins the race, just save as much as you can.

[Anonymous]

Here, I'll give mine so that people won't think everyone here has their acts together:

age 39, about $12k saved for retirement. I only just started saving about 1.5 years ago.
husband is same age, has about the same amount. he started saving for retirement a long time ago but stopped for a while; is just getting started again.

hhi is about $135k, no kids. rent is about $2k per month; student loans are about $600 per month. no pensions.

we expect we will be eating cat food in old age, if we can afford cat food.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Spouse: 26
Self: 24
HHI: $70k
Spouse TSP: $8,500
Self TSP: $4,900
No kids

We're trying to move up the pay ladder.

At 24 (and likely your income), I had less in retirement savings than you, like 2K saved. I'm 29 now and have $73K. Slow and steady wins the race, just save as much as you can.

I'm like both of you - and just to give you a little more fuel for slow and steady at 34, DH and I have 350k. Patiently keep contributing. It adds up.

[Anonymous]

Anonymous wrote:Here, I'll give mine so that people won't think everyone here has their acts together:

age 39, about $12k saved for retirement. I only just started saving about 1.5 years ago.
husband is same age, has about the same amount. he started saving for retirement a long time ago but stopped for a while; is just getting started again.

hhi is about $135k, no kids. rent is about $2k per month; student loans are about $600 per month. no pensions.

we expect we will be eating cat food in old age, if we can afford cat food.

You won't. If you can buy a modest home and pay it off before retirement AND save as much as you can, you will be fine. Many people on DCUM are saving for 6 figure incomes in retirement. Almost nobody needs that much.

[Anonymous]

Anonymous wrote:Here, I'll give mine so that people won't think everyone here has their acts together:

age 39, about $12k saved for retirement. I only just started saving about 1.5 years ago.
husband is same age, has about the same amount. he started saving for retirement a long time ago but stopped for a while; is just getting started again.

hhi is about $135k, no kids. rent is about $2k per month; student loans are about $600 per month. no pensions.

we expect we will be eating cat food in old age, if we can afford cat food.

What have you been spending your money on?

[Anonymous]

Age 43 - 250 K Retirement
DW 41 - 175 K Retirement
2 Kids - 100K in 529
About 400K in cash and stocks
Other real-estate no loan investments about 1 M.
HHI - 450K ( since last year , until then 275 K)
Annually saves about 100K

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Spouse: 26
Self: 24
HHI: $70k
Spouse TSP: $8,500
Self TSP: $4,900
No kids

We're trying to move up the pay ladder.

At 24 (and likely your income), I had less in retirement savings than you, like 2K saved. I'm 29 now and have $73K. Slow and steady wins the race, just save as much as you can.

I'm like both of you - and just to give you a little more fuel for slow and steady at 34, DH and I have 350k. Patiently keep contributing. It adds up.

Nice! This is great motivation for me.

[Anonymous]

Turn 30 in May.

$130K in 401k/tradIRA
$36K in Roth

Total cash comp of $130K in 2012.

P.S. On a 15FRM @ 2.5% and have cash saved for my next car.

[Anonymous]

Anonymous wrote:Turn 30 in May.

$130K in 401k/tradIRA
$36K in Roth

Total cash comp of $130K in 2012.

P.S. On a 15FRM @ 2.5% and have cash saved for my next car.

What do you do for a living? Nice!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Spouse: 26
Self: 24
HHI: $70k
Spouse TSP: $8,500
Self TSP: $4,900
No kids

We're trying to move up the pay ladder.

At 24 (and likely your income), I had less in retirement savings than you, like 2K saved. I'm 29 now and have $73K. Slow and steady wins the race, just save as much as you can.

I'm like both of you - and just to give you a little more fuel for slow and steady at 34, DH and I have 350k. Patiently keep contributing. It adds up.

Nice! This is great motivation for me.

Reading this responses really is uplifting. I'm due to move up a couple of pay grades over the next few years, so I should be able to add more to my TSP as my salary goes up since we both do a 5% contribution.

[Anonymous]

Me - 34 - $60K
DH - 36 - $110K

[Anonymous]

39- $110,000 salary

$178,000 (401K, roths, stocks)
condo that is rented but only yields $100/month income
19,000 in 529s for kids ages 6, 4

i feel very behind.