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Re:Ask HN: How to escape the rat race? by android521 on Thursday November 24, 2016 @01:11PM (#13031754)
How much should a programmer have saved by 31?
Re:Ask HN: How to escape the rat race? by brianwawok on Saturday November 26, 2016 @12:54PM (#13044934)
Depends on variables and goals. If you want to retire by 35, a lot. I'd you want to retire at 70, then perhaps 50k is on track.
Re:Ask HN: How to escape the rat race? by dev-ious on Thursday November 24, 2016 @07:45PM (#13033740)
I have 200k at 24...
Re:Ask HN: How to escape the rat race? by soulchild37 on Thursday November 24, 2016 @10:18PM (#13034212)
I have just 5k at 23... I live in a third world country where USD 2k monthly salary for programmer is considered top-tier level...
Re:Ask HN: How to escape the rat race? by smt88 on Friday November 25, 2016 @12:02PM (#13038075)
Whether or not you have saved enough should be a function of living expenses, not wages.

If you have $5k and can live on $600/month, that's great. If you need $1k/month in expenses, then it's not great at all.

As soon as possible, you need to have enough saved to cover an unexpected, large expense (car/home repair, medical emergency, moving to a new place, etc.) and at least 6 months of living expenses. I personally have at least 12 months of living expenses at any given time.