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My post count, and the caveat I placed in the op, I had hoped would be sufficient to ward off any pee pee measuring contests, or statements which would normally cause me to fold up my kit and head yonder.
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My apologies, Boogaloo. My point in posting my own numbers wasn't to boast or compare. What I was trying to get at was to question if the 4K monthly expense figure you gave was truly accurate because if you earn 10K/month and only spend 4K/month, you should have more than 80K saved so something was missing from the story. You answered that question here:
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The $4k/mo. nut, is bare minimum. There is at least another $1500-$2000 in discretionary spending on toys and fun, and general "care free" Americanism.
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That makes more sense now since it takes the 48K in spending up to 72K (or possibly more). If 30% of the 120K goes to taxes, your take home is about 84K. If you are spending at least 72K, that leaves 12K for saving which is 10% of gross.
One common rule of thumb that you will often read here is the 50-30-20 plan. That is 50% of income for needs, 30% for wants and 20% for savings. From that savings portion, 15% to retirement and 5% to other needs. As alluded to earlier, in your case getting a later start in the saving game, it would be great if you could tweak that to put more than 20% to savings.