Curious what y’all put aside (savings, 401k, stock, Roth, IRA, etc) in terms of %, would also be curious to know age if that’s something you’re willing to disclose.

22 years old - 20% savings, 10% 401k, 5% stock purchase program. Plus 100% of utilization bonuses after tax, paid monthly between $700 and $6000 pretax.

When I look ahead it feels like I should be saving more.

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24 making $85k this year. Maxing out 401k/Roth401k (50% in each or ~$10k in each), and maxing out Roth IRA. All other savings go into my brokerage account (besides ~$3k I keep on hand in a checking/HYSA). I’m a little cray, but you’re definitely doing more than average for your age OP!

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Age 25, $140K net worth
- 27-33% goes to HYSA
- 18% to 401K
- 31% to taxes

smart

Occasionally have unexpected expenses, which reduces the amount I contribute to HYSA. Still manage to save ~$2.5-3K though

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Recent IconRecent

You're joking, right?

You are saving way more than 99% of people out there. 🙄

likehelpful

I wasn’t trying to joke, I was actually wondering - seems at times like I am behind the curve.

funny

24 year old here. I put 100% of my paycheck in triple leveraged oil ETFs and I scour the office trashcan for food.

likefunny

Please, tell me more

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This post -> 🍆📏

funnylike

Not at all

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You are way ahead of the curve. Put your investments in an excel sheet and assume 6% YOY growth. You will be a multimillionaire by 50 if not sooner

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This post AGAIN

likefunny

Sorry, I didn’t see the previous post nor do I get on here very often.

funny

28 and literally all I do is put 4% in my 401k and only doing that because my company matches. You can live frugally And save if that’s what you want to do, id rather enjoy my money while I’m alive.

likefunny

Hopefully earlier but just thinking worst case scenario

I max 401k and then 50% to savings. I would say 50-70% of my utilization bonuses go to savings as well, though I’m not as strict with that part of my income. 30yo

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26, I put 10% in my 401K, DCA about 10% in brokerage account (ETFs). HYSA gets $1,000 a month although I’ll dip into that for occasional expenses (e.g., slow but steady furniture upgrades).

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You’re doing great. You’ll be able to shift a higher portion to savings as your earnings grow. I started around 5-10% at your age, now I’m around 40% savings and living a very comfortable life at 30.

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25 making 80k, 10% going to Roth/401k, 10-15% split between saving in a HYSA and invested in index funds

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None of ya'll have student loans?

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25k

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Obvious humblebrag is obvious

Not what I was going for

What are the benefits of using a HYSA compared to personal brokerage? If you can earn say 5% a year investing in large cap ETF’s, why settle for less than 2% in a HYSA?

I know security is the high level answer, but curious to hear people’s thoughts

Agree - HYSA or money market for 3-6 months living expenses

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