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Reply to "$300K+ income households, how much are you saving per year?"
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[quote=Anonymous]I am in awe of the way people can save around here. We have a combined HHI of about $340k. Husband put 20k into his 401k We saved 50k to use for investing which we will probably put into iBonds (30k) and a 529 account (20k). So, I guess we only saved 20% of our income this year. We are paying off student loans, have a child with special needs for whom we pay a ton out of pocket for services, and our mortgage is $4000 a month which is too high. We spent about 10k on a vacation this year, whereas a typical vacation for us is budget of $3k, but we hadn't had an actual vacation in 5 years or more. [/quote]
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