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View Poll Results: What %age of household gross income do you save per year? include pre & post tax
1-5% 6 3.11%
6-10% 5 2.59%
11-15% 9 4.66%
16-20% 14 7.25%
21-25% 21 10.88%
26-30% 26 13.47%
31-35% 22 11.40%
36-40% 17 8.81%
41%+ 73 37.82%
Voters: 193. You may not vote on this poll

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What %age of your household gross income do you save per year?
Old 05-16-2012, 07:42 PM   #1
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What %age of your household gross income do you save per year?

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?
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Old 05-16-2012, 08:42 PM   #2
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We max out on our 401K ($50,000) and Roth IRA ($12,000).
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Old 05-16-2012, 08:50 PM   #3
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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.
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Old 05-16-2012, 08:52 PM   #4
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Originally Posted by audreyh1 View Post
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.
+1

Since we no longer have an income and Green Stamps are history, we no longer save anything.
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Old 05-16-2012, 08:53 PM   #5
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Still accumulating here. 25-30% for us.
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Old 05-16-2012, 08:54 PM   #6
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I voted even though I'm retired now and don't save anymore. But when I was working we saved about 35%, between 401(k) and match and after tax savings. I never bought into that "save 10%" line. We actually spend more now (or at least DW does) than when we were working.
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Old 05-16-2012, 09:05 PM   #7
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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.
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Old 05-16-2012, 09:29 PM   #8
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About 35%, 40% if you include HSA contributions.

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Old 05-16-2012, 09:31 PM   #9
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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)
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Old 05-16-2012, 09:38 PM   #10
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This will be my last year of working full time (more or less) and the target is to save 50% (which we have done for the last several years).
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Old 05-16-2012, 09:40 PM   #11
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When working we saved 15% of gross income (including bonuses) and all stock options. Now we're spending it instead of saving...
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Old 05-16-2012, 10:06 PM   #12
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We are retired and not saving a thing. It's just a matter of how much we are going to spend.
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Old 05-16-2012, 10:17 PM   #13
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10% 401K contribution with 6% company match. Additional 10% to 15% saving.

So between 26% to 30%
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Old 05-16-2012, 10:21 PM   #14
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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)
Oh good!
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Old 05-16-2012, 10:21 PM   #15
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This year I saved 65% of gross. I graduated college in 2008, and my expenses have not kept up with my income. However, I did give up on having roommates a couple years ago.

I don't feel I deprive myself. I own a nice car, and I don't regret buying the things I find important to me. The money I have left over, I save, because that buys me freedom and peace of mind.

Having said that, I'll probably have to scale back my saving when I get involved in a serious relationship. Most people my age aren't quite so frugal.
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Old 05-16-2012, 10:28 PM   #16
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35% here:

$17k in 401(k) + Emp kicks in another $3,200 $5,000 in Roth
$1,000ish in savings

Even though I'm 38, still wish I had started sooner! Hoping to bump up retirement date to 2033 (2yrs sooner)
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Old 05-16-2012, 11:12 PM   #17
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Could not answer. There is no choice for 0%. DH is retired and I'm semi-retired and so we are in the retirement withdrawal phase.... Now, obviously we hope that in some years (maybe even most years) our portfolio will appreciate more than we withdraw but I don't see that is "saving" exactly.
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Old 05-17-2012, 01:35 AM   #18
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42% or so including company matching and some extra retirement stuff they add . Without it, only about 37%. Didn't vote. Doesn't seem to work on iPhone.
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Old 05-17-2012, 02:51 AM   #19
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45% Roth 401K, 5% match, + 13% Roth IRA. We have been doing this rate for years.
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Old 05-17-2012, 03:48 AM   #20
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More than 50% in my case.
Quote:
Originally Posted by web_diva
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?
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