What do you think is a good % of your income to save? I hear stories of people not contributing to a 401k, not saving or investing, and just spending it all. Curious what the general consensus on this is

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30-50%

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For me it’s post tax.

15% to retirement is the standard baseline if you plan to retire at 65. Beyond that, it depends on your goals. Personally I’ve been saving around 40% of my gross income since I started working full-time (maxing tax-advantaged accounts and then brokerage/I-bonds for the rest). I don’t have kids and have relatively simple tastes so it hasn’t really been a sacrifice and I appreciate security/flexibility that it’ll give me in the future.

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15% over a steady lifetime of employment is a good baseline. More than that is prudent against the possibility of employment hiccups, unusually low market returns or the chance to retire early or with more.

It is easier to dial back in the future than to try to catch up should you find yourself behind.

The real answer is to save as much as humanly possible as early as possible.

I saved as much as possible and it is incredibly freeing mid-career to be able to walk away if needed.

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Following. I currently put 20% in savings and 15% towards 401k. Interested in hearing general perspectives.

For me: 90% when I was single
Early part of marriage: 70%
After having kid: 50%
Kid started school: 20%

All based on post-tax. Yes, we will FIRE.

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Google "celsius badger dao"

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