Minimum savings in mid twenties?

[The_Player]

Re: Minimum savings in mid twenties?

@Mirch

What will you spend on groceries if you save twice your annual income and how can you save more than what you earn.

If you earn $100k per year and you are around 40 yrs old, you should have around $ 200k in savings.

I was responding to OP’s question about how much savings one should have, and not how much you should be saving every month/year