Amazonavamsish

Savings- how much have you saved so far

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

Salesforce random!* Nov 13, 2019

First you tell how much you have saved so far, then expect others to tell

Amazon avamsish OP Nov 13, 2019

Updated

Uber 🛸Alien 🛸 Nov 13, 2019

380$/year sounds kinda low.

New
VilgeIdiot Nov 13, 2019

$380k in the bay is low? Enlighten me

Autodesk ratts Nov 13, 2019

Woooosh

Apple KGHP41 Nov 13, 2019

Pretty good savings especially in 401K. Did you aggressively invest?

Amazon avamsish OP Nov 13, 2019

I did. When I read posts here with people have millions in accounts I wonder if I saved less

Apple KGHP41 Nov 13, 2019

I’ve been contributing for about 10 years and all I have is $400K to show for it.

Apple net worth Nov 13, 2019

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

Cohesity isis Nov 13, 2019

How did you have 500k in 401k? Max pre tax is 19k, 10 years is 190k.

Apple net worth Nov 13, 2019

It’s not sitting in cash. 10 years back stock market was 3x lower than it is now

Amazon avamsish OP Nov 13, 2019

Got lucky with few investments

Deloitte PM007 Nov 13, 2019

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

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lfVl67 Nov 13, 2019

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.

Sprint ifTW74 Nov 13, 2019

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

Uber itsdara Nov 13, 2019

Too much savings, go buy something dude. BTW it's not much compared to Bay Area housing

Amazon avamsish OP Nov 13, 2019

Living in Seattle