Re:Ask HN: 30+ year olds - how much have you saved so far?
by muzani on Wednesday January 30, 2019 @03:14AM
(#19033498)
Almost none. I had about 6 digits savings and it went down 5 digits a year.
Salary has gone up about 30%/year and I invested very heavily in that. But even with no savings, I'm much safer than I've ever been. Good insurance coverage, lots of job opportunities.
For context, about 80% of the region has no disposable income and the median annual salary for a senior engineer is US$20k. Household debt is 82% of GDP, so basically everyone owes each other, and payment often comes late.
Salary has gone up about 30%/year and I invested very heavily in that. But even with no savings, I'm much safer than I've ever been. Good insurance coverage, lots of job opportunities.
For context, about 80% of the region has no disposable income and the median annual salary for a senior engineer is US$20k. Household debt is 82% of GDP, so basically everyone owes each other, and payment often comes late.