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re: Here's the budget breakdown of a couple that make $500K and still feel average
Posted on 1/29/24 at 10:43 am to JohnnyKilroy
Posted on 1/29/24 at 10:43 am to JohnnyKilroy
quote:
But they aren't They have all their wants and needs met, including retirement savings and they still have money left over.
They’re not saving nearly enough to replace their presumed retirement spending.
Posted on 1/29/24 at 11:16 am to slackster
quote:
They’re not saving nearly enough to replace their presumed retirement spending.
Kinda true but also factor in that 33% of their yearly spend is directly caused by having young kids in the house.
Most people don’t really save at all. These people at least save about 50k per year.
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