2 ms·
The 401k numbers indicate that this is a two income household. Including the home equity they are saving at a 20% savings rate, which is much higher than most.
by andrewprock 8y ago
The 401k numbers indicate that this is a two income household. Including the home equity they are saving at a 20% savings rate, which is much higher than most. Good savers are typically in the 10% range
To be more typical, computer with an interest only mortgage, or contributions of less than 12% annual gross to the 401k.