How much of your base do you aim to save?
Curious to hear what people say. Obviously varies by seniority / salary.
I'll start; I target netting around ~30% of gross base.
Curious to hear what people say. Obviously varies by seniority / salary.
I'll start; I target netting around ~30% of gross base.
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~30% of paycheck invested across retirement/brokerage. additional 10-15% into savings, will bank entire bonus aside from a new set of custom clubs.
Schwab's auto-transfer and auto-trade SMA features are great. They're a great group, been using 'em since 2012.
20-30% for long term/retirement (combination of 401k, megabackdoor roth, deferred comp, long term brokerage)
10% for travel
10% for opportunistic cash
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