Author Topic: 75% SR  (Read 16639 times)

MonkeyJenga

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Re: 75% SR
« Reply #50 on: January 03, 2016, 08:10:06 AM »
SORRY. Look, I said I'd start it, never said anything about telling anyone about it.

AllieVaulter

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Re: 75% SR
« Reply #51 on: January 03, 2016, 05:01:24 PM »
whoa!  When people calculate savings rates is it typical to include mortgage principle and post-tax dollars? 

I thought I had a 40% savings rate.  But then I added my mortgage and I got to 60%.  And when I adjusted for post-tax dollars that puts me right around 75%!  That's crazy.  My income is pretty low, which is probably why the swing is so large, but still...  it seems weird.

To make this ontopic, I'll say that I'm ashamed that I haven't ever calculated my savings rate, and need to do that, ASAP.

But really, I'm commenting because OMG IS THAT AN AIREDALE I HAVE AN AIREDALE!!!!!!!!!  He's a money sink, but I'll be worth ~500K by 30 so I'm not too worried about it.

Important things first:  It's not an Airedale.  He's a Welsh Terrier.  They're basically miniature Airedales.  He's full grown at 20 pounds of crazy.  My husband grew up with Airedales, but we don't have the space for a mondo dog.  So we compromised and got this guy.  And we love him to pieces.  :)

Well, I think we closed out the year with a 70% savings rate.  A bit short, but DH hasn't landed a job yet so that's definitely slowed the stashing. 

PhysicianOnFIRE

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Re: 75% SR
« Reply #52 on: January 17, 2016, 02:39:17 PM »
Count me in.  Someone suggested 80% but I don't think we can swing that.  Family of 4.  They boys need food and piano lessons.

zephyr911

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Re: 75% SR
« Reply #53 on: January 17, 2016, 09:24:50 PM »
Count me in.  Someone suggested 80% but I don't think we can swing that.  Family of 4.  They boys need food and piano lessons.
Welcome!
I'm holding at 75% but I've got it easy... no kids, just dogs. ;)

Cookie78

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Re: 75% SR
« Reply #54 on: January 18, 2016, 11:19:56 AM »
I lost a tenant this month and there's no way I'm going to make 75% for January, but who knows, maybe I'll bounce back in the next few months. :)

Bardo

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Re: 75% SR
« Reply #55 on: January 19, 2016, 06:53:24 AM »
Great challenge.  Including mortgage principal I was at 71% last year so 75% should be in reach, but I'm planning some trips so it would really be a stretch target for me.


2Birds1Stone

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Re: 75% SR
« Reply #56 on: January 19, 2016, 08:20:31 AM »
Paid for an all inclusive 9 day trip to the Caribbean this month.....SR for January will be about 20-30%

Funny how that is low for the purpose of this thread.....yes so much higher than 99.99% of America

BriarRose111

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Re: 75% SR
« Reply #57 on: April 02, 2016, 11:00:09 AM »
I'm in.  If I include principal I'm at 75%.  Actually it will be a bit higher now as I just increased company stock purchase 1% for another challenge.

This will be a tight year, but worth it!


BarbeRiche

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Re: 75% SR
« Reply #58 on: April 10, 2016, 03:26:15 PM »
If any of you get employer contributions for pension or stock purchase plan, do you include that in the SR?

I started including the portion I put in the pension and stocks but not my employer contribution yet.

What do you guys think?

tightwaddy

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Re: 75% SR
« Reply #59 on: April 11, 2016, 05:35:23 AM »
EDIT:  I realized original formula was wacky--was trying to not count employer contributions as my own savings, but I actually ended up counting it against me.

I'll give this one a try, although I may need to figure out a better tracking system.  As a quick and dirty estimate for March, I did:

Income = Net pay
Savings = Mortgage principal + my 403 contribution + my HSA contribution

Result = 77%

Maybe I need to shoot for the 80%!
« Last Edit: April 11, 2016, 12:24:26 PM by tightwaddy »

2Birds1Stone

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Re: 75% SR
« Reply #60 on: April 11, 2016, 09:37:45 AM »
YTD SR = 72.63%