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Message
Posted on 12/31/16 at 9:07 am to HailToTheChiz
quote:
Those stats make me feel better.
Its freaking scary.... I get worried when my accounts drop and I still have enough to pay for months and months of expenditures.
The really scary part is for the people that are saving and doing it right. At some point, the govt is going to come for a percentage of that money to help those that were too stupid to save.
Posted on 1/1/17 at 3:07 pm to HailToTheChiz
quote:
We are just surrounded by Allstars in this thread
Nothing beats compounding interest and time. It definitely helps if you're making good money and can save alot.
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?
I've been saving at least 20% of gross since I started working. I've been maxing both 401k and Roth since early 30s. Throw in company match and taxable account and it's 30k.
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