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Reply to "How much do you save?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have a high HHI (~1m) and save a fair amount (~40%) but I am wondering if this is on par with what we should be saving. I know people say on here that the 10x salary saved for retirement is for middle class salaries not 1%, but what is a good measure then? When do you have financial independence?[/quote] How did we get to this point in this country??? We hear about a looming retirement crisis and yet some people are comfortably putting a way 40% WOW.[/quote] Are you surprised that there is at least one person in America that makes 1 million dollars a year and also other persons in America that make less? Well, when John Astor made his first million in the early 1800s, it was due to trading furs, opium, and real estate.[/quote]
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