By the age of 30 how much should you have invested?

like
Posting as :
works at
You are currently posting as works at

The general recommendation is 1x your annual salary.

like

Well, I think I’m pretty close to that if you count everything. My retirement accounts are just shy but all of my current assets put me at break even.

I’d argue you should have 100k+ in a retirement plus $100k in other assets. Not a lot of cash but you should feel comfortable.

That is highly personal

Its different for everyone. There is no "set amount". Everyone's situation is different so you just invest as much as you can without a significant degradation to your quality of living.

Not enough I will tell you that much and I am really regrettitng it. I didn't take saving and investing seriously at all in my 20's and its one thing I really regret not taking more seriously.

Related Posts

If you’re hoping to find a housing deal, you’re out of luck in the short term.
Maybe if you can deal with the higher payments for the next 3 years and sell/refinance above today’s prices you’ll be ok, but this isn’t going to be pretty.

Post Photo
like

Chances at CBS with 4 YOE in analytics consulting + impact investing, 3.6 from econ/stats at top 20 UG, solid LOR and ECs, but 160Q/162V? Indian female.

like

Need an opinion on the Vanguard VIGAX/VIGIX. I’m index riding with that fund but am wondering if I should shift my risk and go with VT or another Vanguard fund. Thoughts?

like

My highest role was a Director of Business Operations(85k), but I am looking to get into sales just want a higher income for my family. Any advice so I do not start at the bottom? Looking to start yesterday.

Any referrals would be greatly appreciated.

like

In your opinion which is the best target fund to choose in IRA Roth?

Morgan Stanley or Schwab? Which brokerage should i choose?

like

Can someone teach me how to get rich? Dead serious, looking for a mentor that went from having a slightly above average salary to making a lot of money (and no family money either).

like

Max you would spend on a condo/apartment with about $1.5M NW and 500-750K income? No kids so no fixed costs currently for childcare and school though could see those emerging in the next five years. Otherwise pretty low key lifestyle with maybe a few meals out a week. Interested in hearing both from a purchase price and rent perspective. Thanks!

like

Hi all, my office is in RMZ ecoworld. Please suggest 1bhk house available for rent nearby starting from Oct 1

like

Hi IBMers,
Do we need to mandatorily submit the rental agreement, rental proofs and landlord's PAN to claim HRA for any amount?
Please help me with your suggestions. Thanks in advance 😊

like

Let’s finish this up strong! What are your year-end self development plans?!
We have our last session of the year of our group/guest financial education cycles at our Downtown Toronto office this Saturday. We go through our first financial education session that we talk about basic to higher level of financial information; from saving, investing, risks and returns, registered accounts, etc. There is no cost and no obligation. If you are interested to attend in-person or via Zoom, let me know.

Post Photo
like

Investing newbie here trying to invest my hsa. Debating if I should do 100% on something like viix for simplicity or if I should diversify? If diversifying, what’s a recommended approach? Perhaps 2-4 funds? Many thanks for the help.

like

Has anyone used Gideon Strategic Partner for investing? What was your experience?

like

Joining D soon as manager. Can we use Interactivebroker for stock trading?

like

Hi Fishes, I have one question for you.

What are avg 2 sharing PG rents in Bengaluru?

like

Anyone have experience with Donut app? And their 4% APY? Had any issues pulling money back out? Whats the risk here?

like

Sold first AAPL put 15 mins ago mid 355. $680 profit on that one. Will wait til probably sub 350 to sell the next one, or may buy back if we go back above 360

like

Hi Folks. I am a single and planning to move to Seattle. Need some recommendation if 130k is good enough to live comfortably in Seattle.

funnylike

Roughly, what is your net worth allocation? 401k/ after tax brokerage account/Cash/Real state equity /etc?

like

Hello :) I am moving locally within the Bay Area in couple of weeks and all the movers & packers I am getting quotes from, prefer to be paid in cash (there is a convenience fee with credit card payment). What are the advantages/disadvantages of either method of payment? Thanks :)

like

More Posts

Heard from me:

“Oh, junior person, you have edits to the monthly activity report 3 days after your deadline to review the report, and after I sent it to the client? How lovely for you."

likefunny

Question for yall. How likely is an offer once a company decides to do a reference check? I know I am in the final 2, from context clues in interviews. I just dont want to get my hopes up.

like

Left public accounting this year after 5+ years and looking for 10-20 hours of flexible & remote accounting/auditing/etc. type work. Message me if you have any opportunities that may fit this description. I would love to help a small business, but am open to anything fitting my vague guidelines.

like

What are the yearly hikes for NTT consulting division?

Typical exit ops for M&A operational due diligence?

like
like

I’m feeling really discouraged. I’m in the merrill lynch fa program and I’m prospecting a lot and going to tons of high end networking events. I have good convos but then struggle to get meetings...

like

CFP thinking of taking a few month career break to search for a new position. Need a recharge and to reevaluate, not to mention time to search. Would this be a mistake? Thanks

like

Any agency out there looking to hire a young marketing specialist? I just graduated and I read there's a shortage of workers. I'd be interested in finding some opportunities.

like

Hello I joined Deliotte usdc like 2 weeks back ,
And
I only selected a location as Gilbert ,Az thinking living cost will be less , but Dono for what reason everything is increasing in Gilbert ,

Now I want to shift to Orlando location usdc ..

Can I do that ? What is the procedure ?
H1b visa

Hi fishes, I just joined PWC SDC kolkata, so how is the work culture and the work life balance here...any insights!!!

Hi Fishes

Which would be a good company to join based on WLB and job security -

Barclays
Altimetrik
Intertrust group
Synechron
TCS

YOE : 12+
Tech Stack : BA in Investment Banking

like

I have got 25LPA offer from Virtusa for medidata client as automation tester with 7years exp


Please let me know if this is a good deal
My main preference is work life balance and jo security

like

How the market right now? Is it a good time to make a move?

funnylike

Does anyone has any openings related to PMO Lead PM etc.

like

Guys Please help me I looking for any entry level job or internship in PWC
I'm a MBA Finance graduate

Can I get any referral or help from anybody

Thank you

likefunny

Had a scratchy throat yesterday that has since gone, low grade fever all day today (99-99.9). Have felt off and spacey today, and had a headache which went away after taking Advil. Have an appt to get covid testing tomorrow. Test is thru my doc office and they said they’d have results within 24 hrs. Even so, I currently have severe anxiety about all of it. Anyone have advice for how to cope until I know exactly what’s going on with me? I feel like this stress isn’t good for my immune system.

like

Does anyone think that the $2k stimulus check proposal is too generous in terms of the income limits for who receives them?

like

How do you bill your time? The busier I am the harder it is to bill. How do people actually bill contemporaneously in detailed terms when you bill 12 hours but literally did 100 different things in those 12 hours. And it’s never slow enough to go back and do it super detailed.

like

Additional Posts in Engineering

Hello, who can help me?
I am interested in knowing how much an oilfield engineer earns. I currently have a job offer from a medium-sized company, but as a recent graduate, I don't know if the pay is adequate.

like

Hi everybody! 😊
I've been working as a Junior Analog Design Engineer for a year and half.
I received a proposal for a Senior Analog Designer role from Bosch in the same city where I am currently working.
Should I wait and build up a few more years of experience before accepting a Senior role or should I jump in and work to fill the gap?
Next year, there will be an important deadline for the project I'm working on and my resignation could be critical for the team, how would you deal with it?

like

Engineers who work entirely from home, what kind of work do you do?

like

I thought I really wanted to be a chemical engineer but the reality of the day to day has been disappointing to say the least… is this a common sentiment for a first job? Do I just have to keep going to get somewhere interesting?

like

Have you ever regretted taking a manager role? The pay increase is tempting but I just love my job so much I’m not sure if it’s worth giving it up

like

I currently working as project coordinator (on-site) for 3 months 10hrs everyday with package $75k, I want to move to remote or hybrid work but I only have 8 months of experience from my previous employer and I have completed my master's in construction management in 2021. Should I stay in my role a bit longer to gain experience or I am not able to find remote or hybrid matching my profile. Your advice and comments are much appreciated.

like

Engineering influencers to follow?

like

Hello i am negotiating a job offer in Toronto at the moment. I currently live in Montréal. What’s a reasonable salary for someone with 9 years experience in Toronto working for an international consultancy. Thanks!

like

Do you work on any home engineering projects in your free time? If so, what are you working on at the moment?

like

People who work in any engineering capacity are usually very hardworking but it's not just because we have to be, it's also that we find this stuff really fascinating, kind of like a book you can't put down

like

Is there anything you wish you knew about civil engineering before deciding on your degree?

like

I've noticed that the engineers keep their mouths shut whenever they're asked for feedback, but when they're alone, they talk about how much they wish they could change management.

Why is that?

like

Any advice for a young engineer trying to land their very first job out of college?

likesmart

I don't know if anyone can answer this. But how much do most civil engineers make? There are so many conflicting reports about "overpaid consultants" and it's almost impossible to get an actual answer

like

Aside from all the usual benefits like paid vacation time, health insurance, 401k matching program, have you ever seen a truly unique business perk?

like

I am a mechanical engineer and people think that because I am a "mechanical" engineer like I fix cars. It is part of the career, but it is not the same thing. It happens to others that people confuse your profession, or it's only to me?

like

Is the transition to electric vehicles going to cause a lot of changes for civil engineering? Seems like city planning might be affected

like

I've noticed that my coworkers tend to work more on their own than with others, even when they're all in the office. Is this normal? I feel like it would be helpful for everyone to talk about their projects more often—I mean, what if someone else has solved the same problem you're trying to solve already?

like

are there any engineering fields that you can get an online degree in?

like

I used to be so devoted to my academics that I kind of forgot to make some close friends. How do you reignite your social life after college?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal