Reply to $300K+ income households, how much are you saving per year?

Forum Index » Money and Finances

Reply to "$300K+ income households, how much are you saving per year?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t really count employer match as savings — it’s not like I could spend that if I wanted to. I also don’t count my small pension as savings. Nor, for the purposes of this reply, am I counting cash I keep in the bank — only counting what we move into investment/529/retirement/iBond accounts.

So by that standard, we have been saving about 19 percent of our gross up to now. But we also just now both started qualifying for bonuses at our jobs, neither of which we have yet gotten, and we’ll likely save all the non-taxed portions of those, which will kick our savings rate up to around 25 percent. [/quote]

That's kind of a dumb way to think about finance lol[/quote]

All it means is I think I'm saving less money than I am -- not sure why (a) that matters or (b) why it would matter even if it meant I could comfortably be spending more money now than I am. But certainly for the purposes of a rough "how much of your income are you saving?" anonymous message board post, I'd rather underestimate than overestimate.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics