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http://boards.fool.com/currently-we-save-about-10-of-our-gross-3-years-20092885.aspx
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| Subject: Re: What percentage of gross? | Date: 1/3/2004 9:37 PM | |
| Author: mazske | Number: 1649 of 5160 | |
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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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