We make 260k and save nothing outside retirement. College is fully funded.

$250k HHI -> save $3k month.

We go with 4k a month at 200k HHI. But we pull from savings for renovations or vacations or to buy cars.

$375k HHI, save about $6k/month after maxing 401ks.

I posted this in another thread, here is what we do:

Two workers ~300k gross

-37k 401k
-6700 HSA
-5k Child Care FSA (we pocket and save this)
-590 health insurance
$250,710 taxable

$183,000 net
-42k in wealthfront ($3,500/mo)
-11k in IRAs
-15% ESPP (25k annual max gets hit, we have yet to roll this into Wealthfront and if we spend any of this we wait a year to skip STG penalty)

**kids college is fully funded, no longer contributing to that.
**This is our last year with FSA. We will struggle to even claim the 5K.

Anonymous wrote:

Anonymous wrote:we save about 10k per month on 320 k hhi. mostly because we don't have a mortgage and we are not big spenders.

Dang that is aggressive. Is that 10k *after* 401ks, as OP asked? Or does it include 401ks?

It’s after 401k max contributions. Kids are older thou... even though we are finding out it doesn’t mean they are cheaper than when they were young.

Not counting maxing our 401ks (and $$ added to those by my employer but not DH's), we put about $5K per month into a variety of "savings" buckets -- some are intended for shorter term savings (e.g. a future car purchase, home improvements), some for kids' 529 accounts, some general investment accounts.

Income $275K

Anonymous wrote:we save about 10k per month on 320 k hhi. mostly because we don't have a mortgage and we are not big spenders.

Dang that is aggressive. Is that 10k *after* 401ks, as OP asked? Or does it include 401ks?

On ~$280k gross income, after paying all expenses and maxing out 2 401ks and contributing to 529s, we save about $2500 per month. Currently I'm splitting it btw brokerage and a savings account, because I want to build up our cash for short term.

we save about 10k per month on 320 k hhi. mostly because we don't have a mortgage and we are not big spenders.

Anonymous wrote:What to you is the minimum buffer for your budget? Figure this is the number after you’ve maxed out retirement and college savings (529) and you already have a buffer of, say $1200 for miscellaneous expenses a month (clothes, household repairs, etc.). What’s the minimum you’d want to have to go into savings? Income not the issue here, but in case you insist, figure you make $240 gross.

I dont put money into savings. We have a 4 month emergency fund and that everything else goes into investments.

HHI $140k.

My buffer is $100 per month. Anything more than that gets budgeted somewhere.

Retirement, college, and all other savings is a line item in my budget.

Maintenance, clothing, etc is also a line item in my budget.

Currently on my “everything is normal” budget, I save $18,000 per year, plus $4,000 in 529, plus $18,000 in retirement. In my “bare bones” budget, I save $3,000 per year, plus $4,000 in 529, plus $18,000 in retirement. In my “crisis” budget, there is no savings.

3k, hhi 300k

$3k-$4k with HHI of $360k

What to you is the minimum buffer for your budget? Figure this is the number after you’ve maxed out retirement and college savings (529) and you already have a buffer of, say $1200 for miscellaneous expenses a month (clothes, household repairs, etc.). What’s the minimum you’d want to have to go into savings? Income not the issue here, but in case you insist, figure you make $240 gross.