What % of your gross income do you attempt to save each month?

like 70%.

 

I put 9% into my 401(k) every month and then just randomly save into my emergency fund when I can. I know this % needs to increase, but I've got substantial student loans that hinder my ability to save more. Luckily, my employer has a very generous 401(k) match, so I am not falling too terribly far behind.

 

Currently only saving 10%

 

Define savings? Does 401K count?

In terms of cash on hand 15% automatically goes into company stock which I sell every 3 month. So there's 15% there. If I'm good, I'll put away another $1K or so a month. Slightly harder now with a mortgage but wife is also working so we're pretty good. Will probably impossible if we have kids as planned in the next few.

At Air Langhi, 70% is pretty solid, wish I can put that much away In all honesty if I was single and really willing to tighten belt, i'd probably do it. Oh, and the 70% would have to be net... wait do you not pay taxes?

 

If you include 401k, which we both max out... Exactly 55%

 

25% but that includes a generous company match.

 

Not enough around 8%. I was up to 20% for a 5 year period. Now it seems like the older you get the harder it is to save.

 

I guess I didn't read the question right. I assumed after tax. I don't usually save that much just attempt to.

 

0%... Well, I guess it would actually be a negative percentage. Maybe -50%.

 

around 40%

 

About 6% (probably will be 0% once I am forced into obamacare )

 

About 15%

 

Damn, you must be single with no kids

 

50-60%.

FT Intern living with parents.

 

-100%

Student loans.

 

Not much recently. Have had a lot of costs: wedding, ******* rings, new house.

I send 10% to 401k and I have some small stock/investments I know nothing about.

For the next few months I'll be trying to save about 40% from each pay check to pay for a honeymoon.

After that, it will probably go down to 25-30% and the difference will be added to my mortgage payments.

 

So what's the ideal % to save if you're living solo? And have no loans whatsoever.

 

Counting an employer match as part of your savings is doing it wrong.

I currently save about 10% for retirement and about 10% to an emergency fund and about 10% for child education. So about 30% total.

 

i follow the mercedez benz model.

1/3 expenses
1/3 savings/investment
1/3 fun/charity