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Reply to "How much do you make and save per year?"
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[quote=Anonymous][quote=Anonymous]Our salary is 485K and we save 216K. Both 44 & 48. We paid off our mortgage a 3-4 years ago. - 401k ~ 45K - 529 ~ 27K - BD Roth ~ 12K - Stock ~ 72K - Saving ~ 60k Looking at these numbers, we could increase 529 contributions and decrease cash savings. DH & I want to retire early but have younger kids, so we will see. We also have a rental property that will be pay off in a few years that I have no included here to keep things simple. Our major expenses are travels, foods and kids activities. I believe that we live a bit under our means but not by a lot. [/quote] Of course you’re living far below your means. You’re saving over 40% of your gross income. Your perspective on it is why you’ll build great wealth. You pay yourself first through savings and then you live on what’s left. Well done.[/quote]
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