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re: Savings Advice from the MT Experts

Posted on 6/18/14 at 8:27 pm to
Posted by poochie
Houma, la
Member since Apr 2007
6349 posts
Posted on 6/18/14 at 8:27 pm to
I know I won't get any honest answers but what x(salary) do folks actually have?

I'm 34 and have a combined 1.61x yet that puts us well ahead of "projected income at 65" and almost at that projected # for 55. So what gives? I think the x(salary) is because right now I'm way behind that curve and by the time I retire we'll be well ahead of that curve.

Eta: I'm strictly speaking of our current combined. Starting salaries we're over 3x.
This post was edited on 6/18/14 at 8:59 pm
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3298 posts
Posted on 6/18/14 at 9:03 pm to
I'm 35.. we have 300k in 401k, 100k cash, 150k ira & stock. Car has been paid off. Only debt is the house. I think we have done ok so far but i always feel like its never enough.
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