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

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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have $400K HHI. We easily save around 250K. We live well but below our means. We have no debt. And our house is in a not expensive neighborhood. [/quote]

That's stupid. No you don't. That's like the entirety of your post tax income. So unless you live in a tent and dumpster dive your food, you are full of it. [/quote]

This is entirely possible. We make around 350k and save 220k counting all of the retirement with 6% employer match,[b] equity saving of three properties,[/b] max IRAs, Ibonds, 529 and cash. [/quote]

If you're counting the equity saving of the properties on the savings side of the ledger, are you also including rents and appreciation on the income side?  Because it's not entirely obvious how you can get to a 62% savings rate unless you're including the rental savings but only W-2 income.[/quote]

Not counting the rental incomes (aroung 100k) because those are a wash in our tax return after deducting depreciation, interest and all expenses. [/quote]

Yeah so you're cooking the books here.  You bring in $450k (plus appreciation), not $350k.  220 out of 450+ is much more plausible.  [/quote]

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