My amount is probably more like 45%. DW and I will move from NYC and all the insane expenses of this place. Additionally we are saving agressivly and that percentage won't be there in retirement. We could FIRE now, but are having too much fun doing what we're doing. We'll get sick of NYC eventually.

It's funny how this place will suck up every last nickle if you let it. We know people making over $200,000 who can't save a thing. I equate it to being on a game show in one of those glass bubbles with the dollar bills blowing all around. You just have to stuff a few of those in your pocket while trying not to be blinded by all of the cash blowing around. Easier said than done. {emphasis added}

Well said! I really enjoyed that! I'm also in NYC and currently living on 67% of my gross income, 47% of my net. With lower tax rates in retirement, and not paying a mortgage, I'll probably be able to make it on 40% of my gross.

2old