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after taxes and health and 401k, THEN put away 10% of whatever's left for your own investment. Who knows if you'll be able to cash in that 401k. 10% is your b
by nazgulnarsil 18y ago
after taxes and health and 401k, THEN put away 10% of whatever's left for your own investment. Who knows if you'll be able to cash in that 401k.
10% is your baseline. Do it no matter what. Then set an investment goal like 25% a month. this keeps you thinking about frivolous spending.
set aside 10-25% a month for your twenties and you will be WELL ahead of the vast majority of people, especially with CS salaries as they are today.
my personal goal is 50%. Very steep from most people's perspective, but I'm not having kids so...