How much saved for retirement?

Ferocious

Diamond Member
Feb 16, 2000
4,584
2
71
your age,

and total amount currently saved specifically for retirement: 401/403/Ira's/taxable/mattress etc.



 

I Saw OJ

Diamond Member
Dec 13, 2004
4,923
2
76
22

I havent really been saving at all. Right now if I had to guess it would be >10k
 

NanoStuff

Banned
Mar 23, 2006
2,981
1
0
I don't think I'll ever be saving for retirement as I don't intend to retire. I'll give myself safety headroom of course, but not retirement sums.
 

Jadow

Diamond Member
Feb 12, 2003
5,962
2
0
28

$25,000 in 401k and Roth IRA
$7000 in non-retirement account mutual funds
$5000 in savings
$85,000 in home equity (about 50%) based on 2005 assessment.
 

MetalMat

Diamond Member
Jun 14, 2004
9,687
36
91
24

Couple cases of beer, 5th of jack daniels, couple pounds of weed, and an acoustic guitar

See you during the apocalypse ;)
 

DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
49,601
167
111
www.slatebrookfarm.com
Hmm.. that's weird, thought I responded to this thread.

Not a lot saved up... I have a pretty good pension. Plus, I have a second home which should provide a steady stream of income throughout my retirement. I have enough equity in my home right now that I could repeat the process, should some opportunity (tax sale/foreclosure) present itself to me where I could rent a place out for more than I pay between the mortgage, taxes, and repairs. Then, when the mortgage is paid off and I retire, the rent money, minus taxes, is a steady source of income. Should I ever end up short, I could sell one of the houses, and have that additional money available.

Anticipated living expences when I retire: electric, telephone (unless between now and then, broadband finally becomes available in this area), property taxes, food, probably some medicine, and fishing tackle.
 

mrrman

Diamond Member
Feb 8, 2004
8,497
3
0
Originally posted by: MetalMat
24

Couple cases of beer, 5th of jack daniels, couple pounds of weed, and an acoustic guitar

See you during the apocalypse ;)

love the response lol
 

NTB

Diamond Member
Mar 26, 2001
5,179
0
0
Not a plug nickel. I have to find a steady job first (got laid off a few months ago).

Nate
 

Stvfarmboy

Member
Jul 4, 2005
146
0
76
I'm 23 and since I just graduated from college about a month ago I have practically nothing saved at the moment.
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,345
126
3x less than I'd like to have, but probably 3x more than most people my age.
 

erub

Diamond Member
Jun 21, 2000
5,481
0
0
22, 1.2K in 401k, 4K in Roth IRA

not bad considering all of that is from one summer's internship..plan to double that this summer
 

Bateluer

Lifer
Jun 23, 2001
27,730
8
0
Originally posted by: MetalMat
24

Couple cases of beer, 5th of jack daniels, couple pounds of weed, and an acoustic guitar

See you during the apocalypse ;)

I have 100lbs of toilet paper. :p


Seriously, I'm 23 and have roughly 3k in my TSP (Govt worker Mutual Fund/IRA) and about 600 in a civilian mutual fund.