1 in 3 Americans Have $0 Saved for Retirement (2016)

Re:1 in 3 Americans Have $0 Saved for Retirement (2016) by icedchai on Wednesday August 23, 2017 @01:04PM (#15083183)

10% is just not enough. I save and invest a little over 50% of my takehome. I hope to FIRE by 45.

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Re:1 in 3 Americans Have $0 Saved for Retirement (2016) by ryandrake on Wednesday August 23, 2017 @02:18PM (#15083795)

Congratulations, but that rate of savings is not even close to achievable by the vast, vast majority of workers in the world. Looking around my peers, it's hard to imagine that more than a handful can manage to even save 10%.

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Re:1 in 3 Americans Have $0 Saved for Retirement (2016) by icedchai on Wednesday August 23, 2017 @03:15PM (#15084262)

Thanks. It does require self-discipline. I do think many could achieve at least 20% though. Especially in tech, where we are relatively well paid...

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