re: How much should a person have in their savings by 25?

20,000 in 401k and 10,000 in checking for rainy day

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not having any debt is what every 25 year old's goal should be

It depends on what you value and your lifestyle, what you are saving up for, and goals you are working toward. I would rather be in med school with a negative net worth than someone who dropped out of college and has been making 30k and saving up.

Does that person at 25 want a house and chirren, does he want to pop champagne bottles at tha club, does he want to scrape by and travel the world?

Your question is too vague.

But for me, I graduated college and worked as a field engineer and had about 75k saved up in 401k, cash etc at 25

I'd say if you are actively contributing to retirement, then 1-5k in cash for a 25 year old is good. You're 25, enjoy life.

I had more than $10,000 at the age but that's only because I was working while I was in college AND I lived at home with my parents AND my parents paid for my college. Results aren't typical. Just focus on paying off any debt.

Nowadays, if a 25 year old even has a savings account in his or name you'd be way ahead of the mean.

Way too many variables. Married? Kids? Hired into field straight out of college, or had to wait? Debt free or as close to debt free as allowable at 25, as well as starting to make headway in the way of a 401k and a savings account.

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I'm enjoying eating out every day and drinking like a fish.

I'd say if you're not in debt, you're in good shape. I had around 20k, but was also paying for graduate school without loans.

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I would think at 25 your goal should be not to have any unnessessary debt (credit card, etc), be working towards paying off student loans by 30, and have started saving some amount per month for emergencies or unexpected expenses that may arise. That would be an ideal situation to be in for a 25 year old in my mind.

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agree completely....