End of year savings

[Ben Franklin]

All this talk about everyone's pay has me wondering about the most important part of your paycheck - the part you SAVE.

So, how much did you save from your paycheck last year?

5th Year CAL FO: $26,000 (25%)


Sincerely,

B. Franklin

 

[Stifler's Mom]

Nice. looks like you may be on the path to retirement someday without having to work at WalMart.

 

[RedDogC130]

Well r you talking about money into a 401k + personal IRAs + cash on hand? That is what I consider saving for the year.

 

[njcapt]

I suffered some serious real estate investment losses in early 2007 (just under $300k) and as of the end of 2010 have paid my debt down to what it was before the debacle. I should have the last $70k paid off sometime this year and just have to not get used to the extra lucre and keep saving. I've maxxed out my 401k contributions while this was going on.

 

[fly4surf]

Savings gone, minus 401K.
Add 3000k credit card debt for the yr.
Switching shovels.

 

[Hose A. Jiminez]

85pct of my money is invested in booze and women. The rest I just blow on toys and stuff.

 

[bladeusa]

+1
....

 

[LearLove]

even at my pathetic pay I managed to put 20K (cash) away this year.

 

[waveflyer]

Good thread even if nerdier- I'd rather be a nerd now and own my house than rocking the apartment rental and a cool ********************er now-

Or better yet- be both and work a bit harder-

Good luck to all those that lost their ass to all the corruption

 

[doh]

We do all this together so you can divide by two if you want. $30,000 and change into 401k, $12,000 auto deposit with RJames, and then bonus/profit sharing/overtime/misc another $14,000. Looks like we might be able to live in the same retirement community. Let's not talk flying!

 

[ivauir]

Out of pocket: $36,500 (about 20%)
Company 401k match: $16,000
Profit Sharing: ???

 

[pianoman]

Okay, anyone have kids, live in NJ and have a wife stay home to avoid daycare?

Not really saving much these days. Not blowing it on anything fun either unless you get your kicks on medical bills or Target.

 

[waveflyer]

Tough- but you gotta pay yourself first- even if it's just 5%- the habit is key

 

[freight dork]

Saved $63K in cash in 2010. Mortgage paid off last year, no school loans or credit card debt.....no kids or car. Age 30.

Of course, it's not too hard to save money while living in India......

 

[waveflyer]

Saved $63K in cash in 2010. Mortgage paid off last year, no school loans or credit card debt.....no kids or car. Age 30.

Of course, it's not too hard to save money while living in India......

Nice!

 

[LearLove]

speaking of savings - I have 21.5K in "cash reserves" from a rollover (my Republic j4j 401K) 401K.

I want to spread this out over 5 funds in my US Air 401K. Any fund suggestions for a 36 year old?

I'm thinking of 2 aggressive, 2 mid aggressive and one not so aggressive.

 

[slaquer5]

speaking of savings - I have 21.5K in "cash reserves" from a rollover (my Republic j4j 401K) 401K.

I want to spread this out over 5 funds in my US Air 401K. Any fund suggestions for a 36 year old?

I'm thinking of 2 aggressive, 2 mid aggressive and one not so aggressive.

At 36 I would do all aggressive. MF, and or ETFs.

 

[Tail Gunner Joe]

Okay, anyone have kids, live in NJ and have a wife stay home to avoid daycare?

Not really saving much these days. Not blowing it on anything fun either unless you get your kicks on medical bills or Target.

That is me except the NJ part. As my kids get older (and more expensive) I've saved nothing for the past several years. Nursing along my ten year old cars passes for fun around here. That and posting on the "Majors" board, because it is free, is my fun.

/maybe I should switch to food club brand mac&cheese
//so I'll have a couple extra dollars in my pocket
///then I could afford to move up to a "pay" crackpipe like Calforums
////and leave you losers behind
/////one could dream - wait - I AM living the dream, so I'm told
/////slashies