Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "What % of your income should be saved with income 100k?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Sure, you should be saving 15% gross but let's be honest, that seems overwhelming. So instead start with this: Reduce your $1500 a month in food spending to $900 a month. Put that $600 a month directly from your paycheck and put into your 401k. You will barely miss it. In 40 years, thanks to compounding which, at your age, is on.your.side, you will have $1.4M. https://www.calculator.net/investment-calculator.html?ctype=endamount&ctargetamountv=1%2C000%2C000&cstartingprinciplev=0&cyearsv=40&cinterestratev=6&ccompound=annually&ccontributeamountv=600&cadditionat1=end&ciadditionat1=monthly&printit=0&x=Calculate#calresult [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
