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re: Savings Advice from the MT Experts

Posted on 6/18/14 at 3:26 pm to
Posted by LSURussian
Member since Feb 2005
128376 posts
Posted on 6/18/14 at 3:26 pm to
quote:

Duel Income.
For a married couple there's probably more truth in that statement than you realize....

To answer your question, from all those sources I'd say between 2X & 4X of your combined annual dual incomes.
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
23125 posts
Posted on 6/18/14 at 3:30 pm to
Damn we got some saving to do also. We got a late start because of college and had to live a little before kids.
Posted by kennypowers816
New Orleans
Member since Jan 2010
2448 posts
Posted on 6/18/14 at 5:17 pm to
quote:

between 2X & 4X of your combined incomes


What is your thought process here? I'm thinking I'll be around 1.5X by 29 (avg), and I don't feel like I'll be way off.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17452 posts
Posted on 6/18/14 at 9:37 pm to
quote:

To answer your question, from all those sources I'd say between 2X & 4X of your combined annual  incomes.


Sheesh.... are you saying at 29 you would expect, on a pretend 100k dual, to have 200-400 banked?

Especially given the economy in the last 6 years (guessing they joined workforce at 24)
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