Comments on: What Percent of Your Salary Do You Save?

By: NOUSHAD

NOUSHAD — Fri, 28 Oct 2011 16:24:21 +0000

total salary 100%

minimum save 30% of salary

By: Saving Money « The Fratrick Shindig

Saving Money « The Fratrick Shindig — Tue, 27 Sep 2011 17:41:46 +0000

[...] bill, consolidating your cell phones plans together, and such, are great life-style saving tips. But pay yourself first by putting money into your savings account, or Roth IRA, Roth 401K account an…. That is a real life style change that will benefit you for the rest of your [...]

By: Scott

Scott — Mon, 27 Jun 2011 14:49:31 +0000

I save 13% gross, my comapny puts in 8% gross to retirement fund.
Hope this is enough.
I save Net income, but mostly just go to vacations or fix the car or pay off little extra mortgage with that savings.

By: Susan

Susan — Tue, 24 Aug 2010 23:04:19 +0000

When I first started working, I worked up to having 40% skimmed off the top of every paycheck and deposited into a 401(k). Since then, however, my goals have changed: I’d like to retire early – and earlier than 59 1/2, which is the earliest age one can withdraw from their 401(k) without penalty.

So I now deposit 10% into my 401(k) and 20% (of my gross salary) into investments. As I continue to develop my earning capacity but anticipate maintaining comparable standards of living, I expect these amounts to increase.

By: Steve

Steve — Mon, 18 Jan 2010 22:31:47 +0000

Last year (2009), I saved 20% of my gross income in retirement accounts (10% in my employer’s 401(K) and the other 10% in a Roth IRA). I also put another 15% into liquid savings for future needs. That 35% total of my gross income actually came out to be about 53% of my net income for the year.