35 or 40%

It varies bc our income is so variable. We max out 1 401k, 2 IRAs, and 1 HSA. I think that comes to a total of 34k? Then we put 36k into 3 college funds. Then we invest 100k. Then we try to save whatever is left of dh's bonus into cash but we also spend a lot of it on various frivolousness (travel and home improvement projects and things like new furniture or cars come out of there) so that doesn't always happen.

Anonymous wrote:

Anonymous wrote:House is paid off. We live on about $60k per year. We save about $100k. Half of that is pre-tax (retirement accounts), the other half is after-tax.

We are similar to you. We live on $60K (after tax) and try to save $5K/mo. in addition to the 401k withdrawals which are about $25K... so roughly $75-80K/yr saved on a HHI of about $195K. House is paid off.

Similar here as well. We just recently paid our house off. Live on around $55k a year for spending/vacations/property taxes/annual insurance. Currently save about 40k a year in retirement and 70k a year in cash, total of 110k although I never think about retirement and regular savings combined.

However, frankly, I think our savings is excessive. The only reason it is so high right now is we were chucking at the house and that dropped off a few months ago. We need to make some decisions and meet with an advisor on how to proceed. I would like to spend maybe $20k a year on lifestyle increases (better/more frequent vacations, outsourcing some things, desired but not necessary home improvements), and maybe invest the other $50k.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:House is paid off. We live on about $60k per year. We save about $100k. Half of that is pre-tax (retirement accounts), the other half is after-tax.

We are similar to you. We live on $60K (after tax) and try to save $5K/mo. in addition to the 401k withdrawals which are about $25K... so roughly $75-80K/yr saved on a HHI of about $195K. House is paid off.

It's a very nice place to be, isn't it?

Can you break down what you spend the $5k/month on? We are in the same situation with a paid off house and $190k HHI, but can only manage to save $2k/month in addition to 401k.

Well, you're still doing great. The big thing for us that we have to watch is the casual eating out. It's not the fancy date nights that get us; it's the "I'm tired, let's just grab dinner at Noodles" creeping in too often.

Our property taxes are only about $4k per year. No car payments, public schools, one activity per child (plus Scouts), buy most of our groceries from Costco or Walmart, some from Wegman's. And then I guess we just don't do much recreational shopping--shopping is like a chore to avoid, not a way to kill a Saturday afternoon.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:House is paid off. We live on about $60k per year. We save about $100k. Half of that is pre-tax (retirement accounts), the other half is after-tax.

We are similar to you. We live on $60K (after tax) and try to save $5K/mo. in addition to the 401k withdrawals which are about $25K... so roughly $75-80K/yr saved on a HHI of about $195K. House is paid off.

It's a very nice place to be, isn't it?

Can you break down what you spend the $5k/month on? We are in the same situation with a paid off house and $190k HHI, but can only manage to save $2k/month in addition to 401k.

Anonymous wrote:

Anonymous wrote:House is paid off. We live on about $60k per year. We save about $100k. Half of that is pre-tax (retirement accounts), the other half is after-tax.

We are similar to you. We live on $60K (after tax) and try to save $5K/mo. in addition to the 401k withdrawals which are about $25K... so roughly $75-80K/yr saved on a HHI of about $195K. House is paid off.

It's a very nice place to be, isn't it?

15% of net into retirement, inclusive of employer match. Currently putting 10-15% additional net into savings, don't expect to continue doing that when we (hopefully!) have a daycare payment in the future.

50%, house is paid off and we both work...but this money is for our child's college.

30%.

We do not live frugally, but we also do not make crazy purchases or not care about keeping costs down.

^^ that's 85,000 a year. a lot.

Anonymous wrote:We save my whole paycheck. But we're saving hard for kids right now. We won't have much left over when kids come.

We both put 18.5k into our 401ks and then about 4k a month into savings together.

$85,000 a year

About 20% of our gross. HHI is 300k. We each max 401k and save another 10k a year in each kids 529, so that's 57k total. We probably add 5-10k a year to our cash savings.

That's a gross HHI of $195K.

Anonymous wrote:House is paid off. We live on about $60k per year. We save about $100k. Half of that is pre-tax (retirement accounts), the other half is after-tax.

We are similar to you. We live on $60K (after tax) and try to save $5K/mo. in addition to the 401k withdrawals which are about $25K... so roughly $75-80K/yr saved on a HHI of about $195K. House is paid off.

we make $350 and save about $50K.
We believe strongly in living in the present.