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re: How much should a person have in their savings by 25?
Posted on 5/19/15 at 7:52 am to Salmon
Posted on 5/19/15 at 7:52 am to Salmon
Are we talking 100k savings, or 100k net worth? I'll be the first to admit I got a sweet deal financially. No college debt, living for free until I purchsed my house at 26. Also started out with significant savings due to an accident I was in during college. At 25, I had a lot of cash. After a ring, and a house down payment, not so much cash . If you take my retirement, investments, home equity, and savings, then i surpass the 100k by 30 rule. But I certainly dont have that much purely in savings and accesible investments. And I had a hell of a start compared to most.
Posted on 5/19/15 at 8:29 am to KG6
I believe 100k salary by 30 is what they're referring to.
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