Quote:
Originally Posted by jIM_Ohio
I am not lucky, I am smart.
I set aside close to 16% of what we make each month. In 6 years that means we have one years pay set aside. In 12 years that is 2 years pay.
Actually I am in year 10.7, and have 3 years pay in the bank, so I guess compounding really works.
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For my curiosity:
Are your 3 years of pay pretax (gross income) or net take home pay?
401k only or have all your accounts (401k, RothIRA, taxable) worked for this 'pay'?
Is anything of your DW included?