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Money and Finances
Reply to "Quick poll about saving for retirement"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Currently it is about 31%, 20% is from income of $65k, 11% is from $25K. Been saving for 15 years, started at about 15%. Only about 3k in cash savings. [/quote] It's not 31%, it's 17.5% of your income. Although, that is still good. More importantly what are the balances in your accounts right now? [/quote] That does put it in a different light. I knew it wasn't really 31% because of the different income levels but had never figured out the true amount. Guess the harsh light of reality..... It is about 175,000 in retirement. That doesn't seem like much. My time on DCUM has defleated my economic self-worth. I now realize I am much poorer than I thought I was. [/quote] Buck up. My stats are similar and we only have $50k. See ya in the cat food aisle. [/quote]
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