Poll

What's your savings rate?

Under or equal to 10%
29 (2.9%)
11-20%
50 (5%)
21-30%
108 (10.9%)
31-40%
144 (14.5%)
41-50%
183 (18.4%)
51-60%
198 (19.9%)
61-70%
156 (15.7%)
71-80%
89 (8.9%)
81-90%
26 (2.6%)
91% or above
12 (1.2%)

Total Members Voted: 930

Author Topic: Mustache poll: how much do you save?  (Read 212767 times)

2Birds1Stone

  • Walrus Stache
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  • Age: 1
  • Location: Earth
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Re: Mustache poll: how much do you save?
« Reply #100 on: December 23, 2016, 09:45:56 AM »
We don't keep track of savings, we don't have a budget, we earn ~ $80K.
I track my net worth of financial assets only. Between 2010 and 2015,
We averaged an increase of $150k per year. In about a week I will tally up 2016
to see how we did. I'm excited to see.
As much as I disagreed with Obama, his stock market sure was good to us.
My $2,500 healthcare reduction turned out to be a $4,200 increase.
Can't win them all!
  Merry Christmas or Festivus.

How do you increase your net worth $150k/yr on $80k/yr income? I'm guessing a massive stock portfolio that appreciated heavily over this bull run?

BTDretire

  • Magnum Stache
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  • Posts: 3075
Re: Mustache poll: how much do you save?
« Reply #101 on: December 23, 2016, 01:13:28 PM »
We don't keep track of savings, we don't have a budget, we earn ~ $80K.
I track my net worth of financial assets only. Between 2010 and 2015,
We averaged an increase of $150k per year. In about a week I will tally up 2016
to see how we did. I'm excited to see.
As much as I disagreed with Obama, his stock market sure was good to us.
My $2,500 healthcare reduction turned out to be a $4,200 increase.
Can't win them all!
  Merry Christmas or Festivus.

How do you increase your net worth $150k/yr on $80k/yr income? I'm guessing a massive stock portfolio that appreciated heavily over this bull run?
Yes, thus my comment,
"As much as I disagreed with Obama, his stock market sure was good to us."
Just lucky to have a stash at the right time, it will be very interesting to see what
the next 5 years holds for us.

NoNonsenseLandlord

  • Bristles
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  • Posts: 396
  • Age: 61
  • Location: Eagan, MN
    • No Nonsense Landlord
Re: Mustache poll: how much do you save?
« Reply #102 on: December 26, 2016, 11:56:00 AM »
For the past 4 years, I saved ~200% of my gross W2 tech wages.  I lived ion my rental income.

I just quit my job this year.

clarkfan1979

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  • Location: Pueblo West, CO
Re: Mustache poll: how much do you save?
« Reply #103 on: December 26, 2016, 12:37:37 PM »
I like to calculate my savings rate based on my gross income and not my net income. I think taxes should be considered an expense and brain power should be used to minimize that expense. I don't like using net income and ignoring taxes.