+1A lot of folks on the forum are retired, and we generally don't save anymore. At most, we might allow some funds to accumulate for a one-off purchase or splurge - this being a short-term thing. But once retired, one usually doesn't save for retirement anymore.
Last year we saved about 47% of our gross income (DW still works). We are on track to save 50%+ this year, but a move to a high cost of living area on the west coast in June means it will probably fall down to around 35% next year.
According to this BBC article, 3 of the 5 fittest cities are on the West Coast so maybe you can save your health instead of your $'s
The article reckons San Francisco, Portland and Seattle are great places to keep fit (along with Austin, TX, and Newport, RI)
web_diva said:I thought it might be encouraging/motivating to do a poll on what percentage of household gross income you are able to save per year. Please weigh in?
This is our case as well, although DW insists she still saves a great deal - by buying things on sale.A lot of folks on the forum are retired, and we generally don't save anymore. At most, we might allow some funds to accumulate for a one-off purchase or splurge - this being a short-term thing. But once retired, one usually doesn't save for retirement anymore.