General Discussion

srican69

(1,426 posts) Tue Apr 9, 2013, 08:11 AM Apr 2013

how old are you and how many X your annual salary have you saved up.. [View all]

I am 37 and my net worth is only 1x my current annual salary...time to freak out!!!!

For my net worth I subtracted my student loans and mortgage...and added back the zillow estimated house value to my investment....don't have credit card debt..

But iam not saving anything....I will need a second job to meet my retirement target...

If you tell me your age and your net worth as the multiple of your current annual income...I will create a distribution and you can see where you lie on it.

It'll start with me...

37 and 1X

On edit....if you are between jobs...just use the salary you think you should be getting as the basis

15 replies

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Highlight:

how old are you and how many X your annual salary have you saved up.. [View all] srican69 Apr 2013 OP

53, and my savings is gone. nt LWolf Apr 2013 #1

Almost 50. No savings or anything left. OneGrassRoot Apr 2013 #14

42 and 2X nt el_bryanto Apr 2013 #2

50, 3x if you don't count equity in my house... Silent3 Apr 2013 #3

36, 1X or so (a little under) Recursion Apr 2013 #4

62 and about 10% is left. hobbit709 Apr 2013 #5

63 and 10X aristocles Apr 2013 #6

55 RobinA Apr 2013 #7

63 4X HERVEPA Apr 2013 #8

I retired at 58 with 3X, and still have almost all of it a decade later, I nearly never touch it. 1-Old-Man Apr 2013 #9

72 and 0x, no assets and no debts. Downwinder Apr 2013 #10

33 and 0x W_HAMILTON Apr 2013 #11

A tragic snapshot Orrex Apr 2013 #12

Just got our statements last night. I'm 50 and working on 4x woodsprite Apr 2013 #13

64 and 5x ananda Apr 2013 #15