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Subject:  Re: What percentage of gross? Date:  1/3/2004  9:37 PM
Author:  mazske Number:  1649 of 5224

Currently, we save about 10% of our gross. 3 years or so I was saving about 14%, but rises in health insurance and other expenses and a pay raise freeze has resulted in the savings amount dropping off.

I do have 2 pensions that I'm working on so I don't need to save as much as a person who has no pension. One pension is from the federal government and one is from a state government, so I figure I am about as safe as safe can be with a pension.

Whenever I do get another payraise, I will save at least half of it as I have done with all of my payraises over the past 5 years or so.

No question about it though, I will be FIRE'd by age 50.
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