Good job, everyone!

I think we save 15-20% max, which we should because DH is nearing retirement and we have young children.

Hoping to increase our income stream.

We donate to Doctors Without Borders every year, but not much. Dedicated and courageous organization.

10%. Not enough. Plenty in retirement but cash liquidity is a problem we are working on.

Right now I'm saving 33% of gross (3600). Roughly 700 towards a downpayment fund and 500 towards my emergency fund.

Anonymous wrote:

Anonymous wrote:I'll start:

HHI: $260k
Monthly savings (including 401k, IRA, emergency fund, 529): $4.6k

So, we save about 20% of the gross.

I realize we are very lucky, but for those of you who make around this much: should we be saving more? It seems like we should...

So 17k gross per month your just spending. Sounds like you could easily save way more. You must be wasting a ton of money.

No one spends all of their gross, unless they are not paying taxes. $260K HHI probably nets about $12K per month after taxes and pre-tax withholdings. Where are you getting your figures?

gross income is around 21k/mo. we invest 6k (401ks, then taxable index funds) and save around $500 in cash.

child coming, so that is going to go down quite a bit soon.

Anonymous wrote:I'll start:

HHI: $260k
Monthly savings (including 401k, IRA, emergency fund, 529): $4.6k

So, we save about 20% of the gross.

I realize we are very lucky, but for those of you who make around this much: should we be saving more? It seems like we should...

So 17k gross per month your just spending. Sounds like you could easily save way more. You must be wasting a ton of money.

We take home between $6500 and $9500 per month and save between $500 and $1500. When we've paid down more debt, student loans and cc, then we'll be able to save more.

We have a HHI of $4k/month and save about -$300/month. Working on it.

Anonymous wrote:We net $20K a month, after 401(k) savings of the max -$39,500 I think with one of us over 50 and doing the catch up contribution.

We save 25% of that net. Of course, we have no mortgage and spend $3,000 a year on childcare, so we should be saving this much.

You spend $15k a month on food, utilities, clothes, Starbucks, etc.?

We net $20K a month, after 401(k) savings of the max -$39,500 I think with one of us over 50 and doing the catch up contribution.

We save 25% of that net. Of course, we have no mortgage and spend $3,000 a year on childcare, so we should be saving this much.

HHI 170k. We save 10% in 401k plus 4k.... So I guess that's 5.7k a month.

HHI = $150k. We save about 20% annually, gross, but that includes employer 401k contributions etc.

HHI = $210k. The max we save is 30%, minimum is 18%, it depends on the year and what, if any, major expenses come up. (18% is minimum because the max for 2 401ks and the $4,000 limit for one 529 are automatically deducted.)

We donate 3-6% to charity per year.

HHI $180-$200k we save 15%-25% depending on the year. We spend 0%-10% on capital improvement. Plus, we donate 5-7% of gross depending on the year.

OP- how much of your gross do you donate?

I'll start:

HHI: $260k
Monthly savings (including 401k, IRA, emergency fund, 529): $4.6k

So, we save about 20% of the gross.

I realize we are very lucky, but for those of you who make around this much: should we be saving more? It seems like we should...