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re: How much did you save in your early twenties?
Posted on 6/25/15 at 5:29 am to lynxcat
Posted on 6/25/15 at 5:29 am to lynxcat
Everything Lynx said (and THF). I graduated with no savings, but no debt either, and have been able to save between 25-35k each year. Most of that has come from 401k and Roth contributions, so my main focus now is to start raising more cash to purchase a home in the next few years. If I can continue to max the 401k and Roth each year, I'll be in a great spot by the time I turn 30 (26 currently).
3
Posted on 6/25/15 at 9:41 am to Chris Farley
quote:
Everything Lynx said (and THF). I graduated with no savings, but no debt either, and have been able to save between 25-35k each year. Most of that has come from 401k and Roth contributions, so my main focus now is to start raising more cash to purchase a home in the next few years. If I can continue to max the 401k and Roth each year, I'll be in a great spot by the time I turn 30 (26 currently).
quote:
Chris Farley
I'm coming up your direction for the Syracuse game. Looking forward to hanging.
Posted on 6/25/15 at 9:54 am to Chris Farley
quote:
have been able to save between 25-35k each year.
If you are single, own your own car, without debt and either live in a modest APT/or find roommate, you won't have to be a pauper to be in this ballpark assuming 401k match is included.
As in, everyone would assume you lived an average lifestyle of a 20something YO because you wouldn't really have to cut back all that much.
Posted on 6/25/15 at 1:58 pm to Chris Farley
I'm thinking about making the trip to Syracuse as well. I think I have your tickets.
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