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Old 05-12-2011, 11:32 PM   #21
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It has not been a consistent % over the years. But if I were to guess, it ranged from 30% to 60% for the last 20 years.

This does not include my pension.
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Old 05-12-2011, 11:49 PM   #22
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It has not been a consistent % over the years. But if I were to guess, it ranged from 30% to 60% for the last 20 years.
This was my range for most of my working years. I exclude 401(k) matching funds and any growth in the 401(k). I also exclude the company stock (ESOP) which was contributed to our retirement plans at no cost to the employees.
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Old 05-13-2011, 12:32 AM   #23
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I max out my Roth 401k and my Roth IRA plus a 5% company match of my salary to my 401k. This w***s out to be about 50% of my gross pay, or after taxes, about 250% of my net take home pay.
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Old 05-13-2011, 12:43 AM   #24
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0% here, for the last 20 years. Before that, I saved a little, but without pension and SS, I'd be sunk.
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Old 05-13-2011, 12:52 AM   #25
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I should be saving over 80% this year after taxes.
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For a couple of years in the late 1990s, spouse and I were saving over 80% of our take-home pay.
So how was the instant noddle? Seriously, that's just amazing. I have never come close to 50%. I was super proud of myself whenever I crossed the 40% line.
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Old 05-13-2011, 01:22 AM   #26
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Since my salary is $0, I believe any answer is "undefined".
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Old 05-13-2011, 02:31 AM   #27
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~30% between 401k, Roth IRAs and taxable
I thought you retired years ago?
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Old 05-13-2011, 03:28 AM   #28
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18.2654% in 401k 8.0429% in Roth IRA. Want to save more but not enough income and too much payables.
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Old 05-13-2011, 03:41 AM   #29
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0% here, for the last 20 years. Before that, I saved a little, but without pension and SS, I'd be sunk.
What age did you retire?
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Old 05-13-2011, 04:11 AM   #30
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Sorry if this sounds presumptuous, but the answer in my case is $100-$150k / year.
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Old 05-13-2011, 05:59 AM   #31
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Over the past 10 years avereaged 33%. Past three around 40%
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Old 05-13-2011, 08:15 AM   #32
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20% of gross household income goes into 401K's and 1% employee contribution towards a pension that will result in a cola'd pension that equals 26% of household income @ 57yrs old -- plus the 6+ % that goes towards SS -- So all told I guess we save about 27% of our gross household income towards retirement ---
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Old 05-13-2011, 08:21 AM   #33
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About 50% of gross for me, but that will slip a little in future years as kid's expenses (activities, vacations, etc.) will go up.
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Old 05-13-2011, 08:28 AM   #34
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This was my range for most of my working years. I exclude 401(k) matching funds and any growth in the 401(k). I also exclude the company stock (ESOP) which was contributed to our retirement plans at no cost to the employees.
Me too. About 60%.
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Old 05-13-2011, 08:30 AM   #35
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My wife and I are saving 46.4% of our gross income.
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Old 05-13-2011, 09:26 AM   #36
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Hmm - right now I save 75-80% of my after tax income. My husband saves approximately 30-40% of his. We've been doing a combination of this for 6 years now (how long we've been married) - before that, I saved about 25-30% of my income.

He will have an active duty military pension - I will have a Reserve one and a small one from a civilian employer - I had to be more serious about my savings as I have a more diverse situation with regard to current income and future retirement income streams.
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Old 05-13-2011, 09:31 AM   #37
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My LBYM life started in earnest (bad pun intended) from figuring out how much I would get from retirement, and living off of that. Any money beyond that went into retirement funding.
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Old 05-13-2011, 09:40 AM   #38
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Our total savings divided by our gross salaries = 77%.
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Old 05-13-2011, 09:46 AM   #39
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Our total savings divided by our gross salaries = 77%.
What country do you live in? Here in the USA that would be quite hard to achieve unless you had outside investments generating income (ibonds or muni maybe).

We gross ~200K a year but before we get a chance to save the government has taken over 24% of it through taxes (fed, state, SS, medicare). So even living on $0 we could only save 76% of gross.

We do save 51% of gross, which I think is pretty darn good.
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Old 05-13-2011, 09:50 AM   #40
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What country do you live in? Here in the USA that would be quite hard to achieve unless you had outside investments generating income (ibonds or muni maybe).
Many people in this thread, I think, counted outside income (income producing real estate, etc).. such as the guy above that had 108% as his answer.

It's just a difference in the question: what percent of your total income do you save versus what percent of your work income do you save

(and of course some used gross, some net, etc).

The question was pretty open ended, so people took it however they felt like applied to them most, but I'm sure there are some that counted otherincome saved versus just gross income from w2 jobs.
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