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Reply to "People with "regular incomes" what are your savings?"
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[quote=Anonymous] [b]On 9/6/98...[/b] I made $30K had $17K in savings $9K in a 401K and $8K of debt for a net worth of 18k [b]Fast forward to 9/6/18[/b] I make $160k have $70K in savings, $590K in a 401K $122K in taxable investments $51K in tax free investments $147K in 529 funds for a college sophomore and a high school junior I own a house with a $400K of equity my spouse has another $722K in 401K,IRA and savings and pulls in $70K part time. $160k of debt on the house for a net worth of $2.18M You need to invest your money in the market now in a diversified way and let time work for you. Get the match at a minimum and build from there. [/quote]
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