Analyst Savings After Tax & Living Expenses

First year analyst, 23: 110k salary

Maxing 401k at 22,500 a year and maxing HSA contribution at 3850 to max my tax deductions. After taxes and benefits each paycheck is about $2,200 (~32% tax burden). Rent is $1,900 in NY if I include wifi/utilities. After broker fee and security deposit call it 30k in disposable income per year, before a bonus.

That gives me 2,500 per month in disposable income, or 625 a week, or 90 a day.

I usually eat out lunch and dinner but sometimes cook. I go to nice dinners with my gf or with friends once a week. I go out on weekends but don’t buy too many drinks at bars and pregame hard instead. I fly maybe every month and a half somewhere but stay with family or friends wherever I go.

I don’t really pay much attention to what I actually spend in a week or month but I’m definitely living comfortably and putting a lot away for retirement for someone our age.

My biggest tip would be to find as cheap an apt as you reasonably can. I have friends paying 2500 and they feel poor. I still worry about money, but not because I need to I just prefer to save. Also I don’t factor in a bonus and will consider that all extra just to buy a watch, take a trip and save the rest.