180k base in CA: Is 1500/month net saving goal too aggressive?

likesmart
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Sounds like all you need to do is make a simple budget and see how much extra cash flow you average per month. That’s your number

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They are from Apple. They don’t trust Microsoft

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I max my 401k from bonus at the start of the year with 177k base. I have not had a month where I didn’t have at least 4k to invest net at the end of the month. After tax it is around 8.6k every 4 weeks and I spend a little less than 3K/m on average. Renting in South Bay with house mates.

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You are doing a great job living way under your means.

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No, not really as long as you’re single with no children. I was saving for a down payment when I made that much and had no problem saving ~2k-2.5k a month while living in a nice 1 bd in Santa Monica. I def didn’t go out to eat all the time though and my vacations were extravagant but all points based, so may not be possible with your lifestyle.

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$1.5k per month isn’t great. But it’s not terrible.

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Dude those are rookie numbers

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Basically, I want to set a fixed amount of number from paycheck; And I don't want to ever withdraw money from my RSU and ESPP. Having a hard time to determine that number

funny

You must really believe in your company

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If you are maxing your 401k and other tax advantaged savings, an addition $1500/month in a brokerage is good.

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Is this after you maxed out your 401k?

Why don’t you cook? Could save a lot

What are your expenses?

Just about 400/month car loan.

We save 10% net pay after maxing everything out tax savings wise so it seems reasonable to me depending on your expenses.

As a single person, the 3 biggest expenses are, rent, eating out and car payments.

If by now you know those 3 numbers, you should not have any challenge coming up with your monthly savings number.

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