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Not nearly enough
Your loans aren't a part of your deductions is it? @d1
60% in my paychecks- I put away 10% into 401K, more for health insurance and HSA contributions.
50% after my student loans.
@OP 60% seems a bit low if none is going to healthcare. But you might see it all back in your tax return.
I'm keeping 60% in DC and I can't tell if that's low for a young college grad
Depends on so many factors. Debt, lifestyle, family, standard of living in your city, etc. Really tough to get perspective on something like this when it varies so much for each individual
Also in DC. Couple years out of college. Keeping ~70%
60%
After all bills, taxes, fun money, etc. I usually put away 35-38%.
The rest
For me I'm still on my parent's HC so my deductions are 401k and stock plan. DC taxes. So taking a step back, im wondering if keeping only 60% post deductions is low enough to warrant a further investigation. Maybe not?
72% if gross
They are in the UK