According to retirement experts, by age 35, you should have twice your salary saved

[Ohene]

Impossible if you mortgage a home I imagine

 

[Tribal Outkast]

How the hell you home have that saved when you got to pay student loans back?? Plus you got to stunt on nikkas cause you don’t want them to think you’re lacking after getting that degree so you go get that house and car that costs way too much..

 

[Rell Lauren]

So many posters in here calling bullshyt.

I sense the musings of broke nikkas.

I am broke.

 

[neph27]

such a defeatist attitude in this thread

 

[Family Lives Matter]

I'll sell all my certs and be a millionaire when I retire

 

[MasterOfAllHeSurveyz]

Everyone calling the article "bullshyt", I hope y'all realize that when they state these rules of thumb of what you should have saved, they're not talking in context of your life now, they're talking about what you should have saved at this point in your life so you stay on a good trajectory in order to have enough for retirement

It's not bullshyt, which is why people are working longer than ever.

Dude, people don't account for the money they waste on bullshyt. I took an accounting of all the money I wasted on cigarettes I spend over the course of 20 years before I quit cold turkey. Using the the national average for a price of cigs per year at one pack a day from 1990 to 2010, I wasted $22,656.84. I know for a fact I spent more than that. My alcohol bill was probably two to three times that.

 

[TripleAgent]

I lost

 

[YamakaSmacker]

I now know to stay out of these threads
A lot of people bout to be in here making excuses

 

[8WON6]

ToneTalks?

yep. That's where i heard it broken down.

 

[Rell84shots]

This article was probably written by someone who doesn't even know the price of a bag of apples.

 

[damn_ese]

wifey and i are in our early 30s, 40k in debt (mostly student loans), no house, no retirement whatsoever (unless i count my company's 401k) . . . im bout to start sellin H brehs

 

[ConPHIdential]

Older broke brehs exposing themselves in this thread

I do not see what is wrong with what OP posted.

 

[King Ming]

only CACs can managed that

 

[The Coochie Assassin]

wifey and i are in our early 30s, 40k in debt (mostly student loans), no house, no retirement whatsoever (unless i count my company's 401k) . . . im bout to start sellin H brehs

Yall got kids?

 

[Cynic]

There are better investment vehicles than letting money sit and rot for decades while inflation devalues your savings.