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Author Topic: What is your target retirement spend as a % of your current salary?  (Read 6857 times)

Padonak

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Re: What is your target retirement spend as a % of your current salary?
« Reply #50 on: August 11, 2018, 02:02:48 PM »
About 25% of after tax income
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John Doe

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Re: What is your target retirement spend as a % of your current salary?
« Reply #51 on: August 11, 2018, 04:22:13 PM »
120k spend on a salary of 275k all before tax, so about 43%
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onlykelsey

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Re: What is your target retirement spend as a % of your current salary?
« Reply #52 on: August 11, 2018, 04:25:35 PM »
Quote from: John Doe on August 11, 2018, 04:22:13 PM
120k spend on a salary of 275k all before tax, so about 43%
holy crap, 275 is your 2 day a week salary?!?!
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John Doe

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Re: What is your target retirement spend as a % of your current salary?
« Reply #53 on: August 11, 2018, 05:16:38 PM »
Quote from: onlykelsey on August 11, 2018, 04:25:35 PM
Quote from: John Doe on August 11, 2018, 04:22:13 PM
120k spend on a salary of 275k all before tax, so about 43%
holy crap, 275 is your 2 day a week salary?!?!

No. The 275K was the FT salary of both my wife and I - 200k for me, 75k for her.  My 2 day salary is 160k. I did say it was ridiculous!
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onlykelsey

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Re: What is your target retirement spend as a % of your current salary?
« Reply #54 on: August 11, 2018, 05:59:58 PM »
Quote from: John Doe on August 11, 2018, 05:16:38 PM
Quote from: onlykelsey on August 11, 2018, 04:25:35 PM
Quote from: John Doe on August 11, 2018, 04:22:13 PM
120k spend on a salary of 275k all before tax, so about 43%
holy crap, 275 is your 2 day a week salary?!?!

No. The 275K was the FT salary of both my wife and I - 200k for me, 75k for her.  My 2 day salary is 160k. I did say it was ridiculous!

Wow.  That's awesome.  I work one FT job between 40 and 70 hours a week on a weird schedule working with various timezones.  I would literally take a 50% paycut if I could just confine it to 9-6 M-R.
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facepalm

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Re: What is your target retirement spend as a % of your current salary?
« Reply #55 on: August 11, 2018, 06:31:20 PM »
Planning on about 70--75% of my gross income (not counting taxes). Of course, I'll only spend one-third of that, leaving the rest to hopefully keep growing.

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LoanShark

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Re: What is your target retirement spend as a % of your current salary?
« Reply #56 on: August 13, 2018, 12:13:48 PM »
Quote from: Ryancanderson23 on August 08, 2018, 10:24:35 AM
about 15% with paid off house.

Same here.
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