How much (%) do you save a month? (funds, rent, rate)

[indyatthemoment]

What percentage of your paycheck do you save per month?
I'm 27 and I save as follows:
6% into 401K with 3% match (pre-tax)
14% into Roth IRA (post-tax)
10% into non-retirement mutual funds (post-tax)
28% into cash savings (post-tax)

I live really frugally, $300/mo rent (hooray for roommates!).
Just wondering what others in my age range put away monthly?

Cheers!

[NYSinger]

Wow, you live on 42% of your income, I'm impressed!!

This year, we will try to save about 38% of our net income.

[TEKSRZ]

76% of net goes to various portfolios.

[hml1976]

We do 11% into a 401K (the legal limit for us) and another 15%-20% (depends on DH's side business) into a money market that we're trying to build a year's worth of expenses in case of emergencies. We have 6mths currently. We also fully fund a Roth for me every year but usually do it with a bonus or extra money from DH's side biz.

[acegolfer]

16% of gross to 401k/IRA (pre-tax savings)
approx. 28% of gross to savings/investments/mortgage principal pmt.

We save roughly 44% of gross. But I think we can save 50%, if we try.

[Sam82]

25 % of my net goes into saving. I thought I was doing pretty good. The posters here put me to shame lol. I guess 25% is better than nothing. Keep in mind that I support myself fully and live alone in a high cost of living city.

[oleo]

I currently save about 30% of my income a month. Directly into a savings account. I could probably save more, but I like to go out to eat a lot.

[mommabear2]

Sam82 - approx. 25% average here also. We put the max 401K contribution, max out IRAs if we qualify, and squirrel money away into additional investment vehicles (brokerage accounts, college accounts, emergency funds, and we buy income properties). I'd love to have lower overall expenses to invest/save more but that will come in due time. Living in an high cost areas (So. Cal.) does seem to take a bigger bite out of our savings % it seems.

[Oildog]

Good for the OP, try to keep that lifestyle up.

I put 15% to 401k retirement account off the top, then try to save 30-40% after that. It will change to 20-25% when I move to a more pricey house.

[Pilgrim21784]

I'm retired; house, cars, college costs, weddings (have 2 daughters) are all paid off. I'm basically saving 50% of my net income. My expenses are fairly low and I try to keep things simple. I grew up dirt poor and don't like debt or being financially stressed. It is important for younger folks to understand that credit cards and related debt should be used wisely and never incur an obligation you can't pay. Cash in the bank is, in my opinion, a good way to go for most people. The talking heads and financial advisors will disagree, but debt free is my advice. A 30 year fixed rate mortgage is the only debt one should have. JMHO.