How much did you have saved in savings + 401k at 23? Seeing peers at better firms making 200+ at 25 and saving as much as my after tax income 😓

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And so many of your peers earn way less than you. Be grateful!

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Please stop such posts.

likeuplifting

Unless you’re Bezos, someone else will always be banking as much as you spend.

likesmart

@23, was proud of myself when I put $1,000 into a Roth. Didn’t have 401k program with work for several years. If you’re not in debt then I’d say you’re doing really good. But to be honest saving is great but your early 20’s are sooo fun, it’s okay to focus more on fun because you’ll be approaching 30 before you know it and all everyone will have kids/ be married

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0 dollars and 0 cents. You’re good.

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$0 😘

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It’s easy, just go marry one of them?

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Given I was pulling in a massive salary of $35k at the time with $50k+ in student loans, I had maybe a couple hundred bucks in my bank account and maybe $1-2k in my 401k.

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Try to make it to one of those roles! At 23 maybe 30K saved? But I also moved back home with parents.

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Don’t give up OP. Interviewing is it’s own skill you can get better at. And MBB might not be the answer! I hope you expand your skills and find a well paying role whether it be MBB or industry.

You’re 23. Wouldn’t worry about it

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I owned a house, but only had about $1-3k in the bank. My net worth was basically my house equity. Now I save about 7k a month 18 years later. I wouldn’t have to save so much if I cared more at your age.

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Second that KPMG. Honestly just not being in debt as a post grad is the true benchmark. Your 401k, Roth, investments, etc. don’t mean anything if you owe someone $30k.

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And so many don’t take the money with them when they die. Comparison is the thief of joy! Enjoy and celebrate what you have.

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When I was 23 I had maybe $5k in savings and just started contributing about 6% to my 401k. You’re way too young to be worried about this. Just enjoy your new career and start your savings at the level you can afford

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No idea. Whatever I had in savings at 23 is probably about what I put away every month now. Compounding interest is a powerful force to be sure, but so is income growth. 

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At 23, maybe like 5k. I was mainly focused on paying off student loans.

My savings only started really ramping up when I was 25-26.

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At 27 and have 100K in my 401K, 90K in savings, 40K in stocks.

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Fuck em. Who cares. Make savings goals that matter TO YOU.

I have like 2k saved and Im 25. Paying off my student loans. It’s not a competition!

At 23 I think I only had about 15k. I’m 31 now and have about 260k+ in savings + 401k

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