Comments on: Percentage of Earnings to Invest

By: Oilguy44

Oilguy44 — Thu, 23 Nov 2006 21:05:14 +0000

My employer gives out 6% in a pension 2% in stocks and if I contribute 4% they will match that as well. So they give me 12% and I put in 4% for a total of 16%. I currently bump that number up each time I get a raise so now the total is 35%. 12% from the company and 23% from my contributions. I never miss the money and never touch it, it just keeps piling up! It does not matter how much you start with just as long as you start.

By: Jose

Jose — Thu, 23 Mar 2006 03:18:15 +0000

I do more than 30% of my gross income.

By: AllThingsFinancial » Blog Archive » The Carnival of Personal Finance - Week 40

Mon, 20 Mar 2006 07:36:53 +0000

[...] Percentage ofEarnings to Invest [...]

By: Canadian Capitalist » How Much Do You Save?

Canadian Capitalist » How Much Do You Save? — Thu, 16 Mar 2006 03:48:04 +0000

[...] I read an interesting post on The Dividend Guy Blog that he invests about 16% of his earnings and I thought it would be fun to find out how much of their after-tax savings do people save. For example, Frugal Canadian saves an impressive 50% of her income. [...]

By: GIV

GIV — Wed, 15 Mar 2006 21:14:02 +0000

Strangely enough, I don’t really earn very much at all (about 25K this year, but mostly will be tax free because of the 8K personal amount + stockpiled tuition credits + RRSP’s) but I live a pretty frugal existence. I don’t have a car, or student debts, or carry a big credit card balance, or have particularly expensive tastes.

I recall I started the year with about $2000 in cash savings, and after I get my tax refund and re-invest it next month, my investments will be worth a little over 12K.

By my calculations, that means I managed to save about 40% of my income this year. I’m sure I won’t be able to keep up that pace once mortgage, kids, etc. start piling up. But I’m going to try to keep that rate up as long as I can.