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Money and Finances
Reply to "How much do you make and save per year?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI roughly 790k this year, saved $253k this year. Higher than normal. rounded numbers YTD: $100k Trust $70k between our 401Ks (DH is self employed) $14k 529 $25k Cash $3.8k HSA $40k Mortgage payment Next year our income may be a lower so i am aiming for: 150k all in savings[/quote] Curious why you are counting Mortgage as saving?[/quote] I made a principal payment towards our mortgage. My loan is fixed for 30yrs but IO for the first 10 yrs so i wanted to make a principal payment which directly reduces my monthly mortgage payment in perpetuity (and immediately).[/quote] Ok, this makes sense. Good for you![/quote] The *real* answer to this question is that PP is insecure about the amount being saved, thinks it is too low, and uses mortgage payments to pad his or her stats. Whatever makes you feel better. [/quote]
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