Yoe 10 Tc 380 in Seattle How much have you saved so far. I worked in India and Midwest for a while with such low salary. I wonder if I have enough saved it not. Cash 150 401k 500 Stocks 250
380$/year sounds kinda low.
$380k in the bay is low? Enlighten me
Woooosh
Pretty good savings especially in 401K. Did you aggressively invest?
I have contributed for 12 years and just have $435k to show for it in 401k. It’s great you have $500k in just 10
How did you have 500k in 401k? Max pre tax is 19k, 10 years is 190k.
It’s not sitting in cash. 10 years back stock market was 3x lower than it is now
Got lucky with few investments
You have saved enough that you can retire based on your home country For US also you have saved really good amount, rest depends what’s you age
26yo (no college) TC 250k (very recent) RE Equity: 200k Roth IRA: 50k 401k: 50k Cash: 75k You should be very happy. Anyone who has saved current TC by age 30 is on track for retirement.
You may have too much in cash. Six months of expenses is the cash rule. Put the rest in a bond fund to balance your portfolio
Too much savings, go buy something dude. BTW it's not much compared to Bay Area housing
Living in Seattle
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First you tell how much you have saved so far, then expect others to tell
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