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Reply to "How old are you, HHI and how much saved for retirement? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]32 years old, 57k annual salary, 25k in my 401k. Some of these responses are crazy huge.[/quote] No kidding! 41 yrs old. HHI is $60K and I have about a total of maybe $25K in a pension and 403b. [/quote] We're in our 40s, had an HHI of $180k but my company just shut down so now we've got my husband's income of $120k plus what I can cobble together consulting until I find something steady again (not so easy in my field). We have about $80k between us in retirement accounts, and no savings outside of that. Bought a house recently - our first - that we think has about $50k equity in it now since we got a good deal (but we owe $330k on it at the same time). Still owe $58k on student loans. No pensions, no inheritances, no backup plan outside of taking care of ourselves. I guess as in so much of life, we are extremely lucky to have what we have and be better off than so many others, and I am scared to death about running out at the same time. My husband doesn't worry at all; he thinks we will be just fine.[/quote]
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