How much of your income are you able to save?
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Anonymous
| We expect to make approximately $448,000 and save $137,000, so about 20%. |
Anonymous
| Why don't you save $137,654.78? |
Anonymous
| OP you sound like you are bragging about your income, but it's pathetic that is all you can save on that salary. |
Anonymous
| 20% of $448,000 is $89,600 |
Anonymous
| 35% of gross. |
Anonymous
| If you count matching and extra mortgage payments, about 25% of gross. |
Anonymous
| 10% of gross is the best we can do right now. |
Anonymous
| Usually between 20-30%, although some ofmitmis saved to spend in the future (for instance, for home renovations). |
Anonymous
| Are you including deferred retirement savings (e.g. your own contributions to 401(k), etc.), or is this just cash on top of what you're saving for retirement? |
Anonymous
We net $218,000 after taxes, pretax items like medical and other insurance, so actually not too bad (we do save $39,500 out of gross in our 401(k)s). |
Anonymous
| Pretty good, OP. many people don't realize how little a dual income family nets. We save around 30% of gross. Spend 30%, and pay 40% in taxes. |
Anonymous
| Almost half of my takehome pay. |
Anonymous
| About 28% of gross. |
Anonymous
| 11% of gross and I feel great about it. |
Anonymous
+1 it is shocking how much is taken out for taxes. I haven't calculated ours lately. I have a new job with a generous 401k match that will add almost 10% of gross of my salary. |