Anonymous
Post 06/02/2013 09:13     Subject: How much of your income are you able to save?

Anonymous wrote:Pretty good, OP. many people don't realize how little a dual income family nets. We save around 30% of gross. Spend 30%, and pay 40% in taxes.


+1 it is shocking how much is taken out for taxes. I haven't calculated ours lately. I have a new job with a generous 401k match that will add almost 10% of gross of my salary.
Anonymous
Post 06/02/2013 07:59     Subject: Re:How much of your income are you able to save?

11% of gross and I feel great about it.
Anonymous
Post 06/01/2013 19:56     Subject: Re:How much of your income are you able to save?

About 28% of gross.
Anonymous
Post 06/01/2013 19:29     Subject: How much of your income are you able to save?

Almost half of my takehome pay.
Anonymous
Post 06/01/2013 19:27     Subject: How much of your income are you able to save?

Pretty good, OP. many people don't realize how little a dual income family nets. We save around 30% of gross. Spend 30%, and pay 40% in taxes.
Anonymous
Post 06/01/2013 15:00     Subject: How much of your income are you able to save?

Anonymous wrote: OP you sound like you are bragging about your income, but it's pathetic that is all you can save on that salary.


We net $218,000 after taxes, pretax items like medical and other insurance, so actually not too bad (we do save $39,500 out of gross in our 401(k)s).
Anonymous
Post 06/01/2013 14:03     Subject: How much of your income are you able to save?

Are you including deferred retirement savings (e.g. your own contributions to 401(k), etc.), or is this just cash on top of what you're saving for retirement?
Anonymous
Post 06/01/2013 13:56     Subject: How much of your income are you able to save?

Usually between 20-30%, although some ofmitmis saved to spend in the future (for instance, for home renovations).
Anonymous
Post 06/01/2013 13:53     Subject: How much of your income are you able to save?

10% of gross is the best we can do right now.
Anonymous
Post 06/01/2013 13:20     Subject: How much of your income are you able to save?

If you count matching and extra mortgage payments, about 25% of gross.
Anonymous
Post 06/01/2013 11:50     Subject: How much of your income are you able to save?

35% of gross.
Anonymous
Post 06/01/2013 11:48     Subject: How much of your income are you able to save?

20% of $448,000 is $89,600
Anonymous
Post 06/01/2013 11:48     Subject: How much of your income are you able to save?

OP you sound like you are bragging about your income, but it's pathetic that is all you can save on that salary.
Anonymous
Post 06/01/2013 11:24     Subject: How much of your income are you able to save?

Why don't you save $137,654.78?
Anonymous
Post 06/01/2013 11:16     Subject: How much of your income are you able to save?

We expect to make approximately $448,000 and save $137,000, so about 20%.