Anonymous
09/02/2014 15:34
Subject: I am X years old and have X saved in a retirement fund
HHI: $220k
Me: 34 - $170k
H: 32 - $160k
Home equity roughly $400k
529 - $20k for 3 year old
Other savings - $60k. (We just drained our savings to put a very large downpayment on a home.)
Me: 34 - $170k
H: 32 - $160k
Home equity roughly $400k
529 - $20k for 3 year old
Other savings - $60k. (We just drained our savings to put a very large downpayment on a home.)
Anonymous
09/02/2014 13:58
Subject: I am X years old and have X saved in a retirement fund
40 with $450,000
Anonymous
08/30/2014 14:56
Subject: I am X years old and have X saved in a retirement fund
39 with $270. DH is 37 with $120.
Anonymous
08/30/2014 14:20
Subject: I am X years old and have X saved in a retirement fund
Dh 45, me 49 hhi 250 we are at 860k saved not including pretty substantial equity in our house (paid off soon!). We have rather modest ambitions and are comfortable where we are.
Anonymous
08/27/2014 13:20
Subject: Re:I am X years old and have X saved in a retirement fund
24 and 30 years old, $350k saved, $200k HHI (only the past couple years now). Saving over $100k a year for a very early retirement.
Anonymous
08/26/2014 13:51
Subject: Re:I am X years old and have X saved in a retirement fund
mid 30's, we have about $150 combined. despite the numbers here, i think that's good.
we were both in grad school until recently; we now have an HHI of ~$150k.
we were both in grad school until recently; we now have an HHI of ~$150k.
Anonymous
08/26/2014 13:35
Subject: I am X years old and have X saved in a retirement fund
35 and DH 33. We have about 300K in retirement savings.
Anonymous
08/26/2014 08:32
Subject: I am X years old and have X saved in a retirement fund
combined around 250k, both of us are mid-30s. much lower than i would like. i only recently started saving in the last couple years, due to being in grad school, not making a lot when i started out, and saving for a house DP. i hope we can up that by a lot in the next decade. combined HHI of 250k now, and we are both maxing out 401k contributions as well as max backdoor roths. in addition to that, 3k/mo in taxable vanguard accounts (and $500/mo in cash). that is going to go down in several months when our first child is born and we have to pay for childcare.
Anonymous
08/26/2014 08:20
Subject: Re:I am X years old and have X saved in a retirement fund
Awesome defined benefit pension.
Anonymous
08/26/2014 06:47
Subject: Re:I am X years old and have X saved in a retirement fund
Anonymous wrote:Anonymous wrote:THis threat makes me nervous.
me: 42, have saved 200k. Started my first 'real' job at 32, since I was in grad school, getting a phd and fellowships until then. Salary is under 100k.
DH: 49: has saved 250k. There is NO excuse for this, but poor planning on his part, since he's been working since 25. Salary now at 150k and I make him max and he will do 'catch up' once he hits 50.
We have 3 kids, who will be heading to college when we retire.
the only thing that helps me sleep at night is knowing that there's a trust that will probably cover three college tuitions and give them a bit of money for house downpayments, etc. But I worry about our own retirements, at this rate, although if I stay with this job (that I'm starting to hate) I'll have a small govt pension.
Isn't 550k good for mid 40s couple?
They have $450K saved - not $550K. It sounds okay for an average family. But if they're now pulling in about $250K per year, they should save more aggressively. Also, poster should know that her DH can play catch-up in the year her turns 50, so if he's 49 now and turning 50 this year, he can do it this year.
As a comparison, I am 47 and DH is 48. We live on one salary of $150K and have $900K saved for retirement. We started working right after college, however, which makes a difference. Although, I did stop working to be a SAHM - we also have 3 kids.
Anonymous
08/25/2014 15:17
Subject: Re:I am X years old and have X saved in a retirement fund
34 and $100k
Anonymous
08/22/2014 21:44
Subject: I am X years old and have X saved in a retirement fund
Anonymous wrote:I like this marketwatch calculator better:
http://www.marketwatch.com/retirement/tools/retirement-planning-calculator
That's very easy to use. Lots of great information.
Anonymous
08/22/2014 21:28
Subject: I am X years old and have X saved in a retirement fund
Anonymous wrote: 34 and 35. About 700k combined in savings, another $600k in home equity. Grows by about $100 to $150k a year now, made up of $30k put into 401k, another $10 or $20k post tax saved, and the rest is usually growth in the base. It's amazing what compound interest can do. I figure if I can continue at that clip for the next 30 years we should be ok.
What are you invested in? You can't count on it rising approx $100K every year If the stock market goes down. (I do realize over time that these fluctuations even out)
Anonymous
08/22/2014 20:27
Subject: I am X years old and have X saved in a retirement fund
34 and 35. About 700k combined in savings, another $600k in home equity. Grows by about $100 to $150k a year now, made up of $30k put into 401k, another $10 or $20k post tax saved, and the rest is usually growth in the base. It's amazing what compound interest can do. I figure if I can continue at that clip for the next 30 years we should be ok.
Anonymous
08/22/2014 20:09
Subject: I am X years old and have X saved in a retirement fund
I like this marketwatch calculator better:
http://www.marketwatch.com/retirement/tools/retirement-planning-calculator
http://www.marketwatch.com/retirement/tools/retirement-planning-calculator