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[quote=Anonymous]The average savings rate in the US has historically been in the low single digits. Many people I know live like that. We make only a bit more than you (270ish) - and we try to save like mad. We max out 401k, we put $700 a month into savings on top of that, and I take advantage of every benefit I can: FSA matches, ESPP plans, etc. If you looked at us you'd find a family that drives a car with a dent and has crabgrass in their yard (which I can't seem to get rid of). It doesn't seem like we're anywhere near as well off as some of our friends, but we've got perhaps $700k invested. That's getting to the point now where the figure grows by nearly $100k a year - between 401k and matches plus 5 or 6% growth (average). Point is - slow and steady wins the race. [/quote]
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