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re: What is your target savings and age for retirement?
Posted on 12/30/16 at 9:57 pm to Colonel Flagg
Posted on 12/30/16 at 9:57 pm to Colonel Flagg
quote:
So what is the average amount of household y'all are putting back a year and total investment a year based on any company match?
Basic answer is as much as I can. It has varied through my career. Having a family, spending and savings priorities have shifted during the different seasons of life. Right now I have all three kids in college. I don't think I have had a lot of extra cash in my checking account since I was single. My savings has done pretty well and my outside real estate investments, while at times have been a bit risky, have a tremendous amount of equity. I'm sure Dave Ramsey would not approve of my strategies to date, but I should easily achieve my goal by the time I turn 55 in 5 years.
1
Posted on 12/30/16 at 10:08 pm to Ramblin Wreck
I think I am saving yearly a little above 20-25% household gross in long term retirement and investment accounts; however, I feel I am definitely saving way too little.
This post was edited on 12/30/16 at 10:11 pm
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