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How much should a programmer have saved by 31?
by android521 10y ago
How much should a programmer have saved by 31?
- dev-ious 10y agoI have 200k at 24...
- soulchild37 10y agoI have just 5k at 23... I live in a third world country where USD 2k monthly salary for programmer is considered top-tier level...
- smt88 10y agoWhether or not you have saved enough should be a function of living expenses, not wages. If you have $5k and can live on $600/month, that's great. If you need $1k/month in expenses, then it's not great at all. As soon as possible, you need to have enough saved to cover an unexpected, large expense (car/home repair, medical emergency, moving to a new place, etc.) and at least 6 months of living expenses. I personally have at least 12 months of living expenses at any given time.
- brianwawok 10y agoDepends on variables and goals. If you want to retire by 35, a lot. I'd you want to retire at 70, then perhaps 50k is on track.