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Reply to "What is your monthly take home pay and breakdown if you make 150-170k a year"
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[quote=Anonymous][quote=Anonymous]For those at this income level saving to the max in your employer retirement account, are you saving additional retirement funds on top of that?[/quote] No. Max in our employer retirement is 20% of our income (plus employer match on top of that), so we feel that is sufficient for savings at this times. We are 30 and have been saving since our early 20's, so doing more than 20% isn't necessary right now and would cut into other goals. Once some of our other financial goals are achieved, we might switch over to a Roth 401k through our employers (rather than a regular 401k) but bump up the amount so it ends up being more for retirement. [/quote]
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