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Reply to "s/o How much do you (and spouse) save per year for retirement, and what is your HHI?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This year we will save about $68,300 for retirement. HHI of 440.[/quote] You should be able to do twice that, easily. [/quote] Well, that 68,3K doesn't include our savings for college and general taxable accounts. We save $127K total. Considering we pay about $195K in taxes, I don't think it's too bad.[/quote] If this doesn't include taxable accounts (like buying stock) how do you save $68K? Two 401Ks are $34K plus two IRAs $10K, so $54K total. Or, can one or both of you do a SEP IRA, which has higher limits?[/quote]
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