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Money and Finances
Reply to "I am X years old and have X saved in a retirement fund"
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[quote=Anonymous][quote=Anonymous]I was calling BS on this as well - I made a similar number last year and I am not a hyper saver, but there was no path to saving $350K plus maxing 401K, so $350K after tax. We saved around $150K after tax, and there is no chance we were saving another $12K a month. None.[/quote] We save ~90K per year on a salary of 320K after taxes with fully funded 401K (35K extra). If our salary suddenly bumped to 700K, I could see us saving close to that amount; I.e. we have the spending habits/costs of someone saving aggressively at ~300K salary and then another 150K-200K after taxes rolls in. It's possible IMO, but would require a lot of financial discipline and saving. I admit I would have issues doing that if I was pulling in that kind of cash. [/quote]
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