How much have you saved?

This is a dumb question because people will lie and others have mommy and daddy funds mixed in. The right way to do it is to just calculate a burn and salary and work backwards.

• Year 1: ~200k Gross, 22k in 401k, expenses of 5k a month so 60k a year gives after tax savings of like 60k
• year 2: ~200k same thing. savings of 120k + 44k in 401k
• year 3: ~300k gross, ~80k expenses, save like 100k. Total savings 220k + 66k in 401k. 
   

As a general rule:

• Everyone in the field should be maxing out their 401k, so multiply each year of working by 22kish
• Expenses range from like 3.5k in LCOL cities to 10k a month. Take the middle of 7k and you’d prob be about right. x 12 is 84k a month.
• Subtract the 401k contribution from gross and multiply by 2/3 (state and federal taxes).
• Look up comp reports on this website

Follow the above and you will get a real answer for ranges rather than people just lying.