Retirement Savings
Just trying to get some info on what the norm is, now that I'm a working man, I'm trying to figure out how much I should save. My max contribution to my 401k is 30%, my company stock purchase plan is 10% which puts me at 40% of my paycheck. Running a few back of the envelope numbers, and looking purely at just my base salary (i.e. not including other investments, company bonus's et al) and looking at my monthly expenses, I'm only a few hundread bucks free a month... is 40% a bitch much or is it the norm? How does everyone go about choosing how much they allocate for long term savings?
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