How much savings is good at 30

I know its different for everyone but let's say its a 30 year old who is on a real good path how much savings should he have at age 30.

Voting Results
33% Normal
Based on 3 votes (1 yes)
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Comments ( 3 )
  • donteatstuffoffthesidewalk

    i didnt have much at 30 i had a shitty job with shitty people and a big ole mortgage

    by 40 i had a real job two new cars and everythin paid off startin to save

    and im fairly comfortable now but prolly too conservative with investin my money

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    • 1WeirdGuy

      Ethereum is good to play with. Even if you throw $50 a week for a few weeks. Its still at the bottom of its cycle its started to go up now. When it hit 1700 a few weeks ago I bought another coin its at 2350 right now will 99% certainty it will atleast go to 4000 by the end of the year but probably as high as 6000. 2 months ago it was 4200 it goes in cycles. Always does

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  • SwickDinging

    Depends. Have they already bought a house? Are they paying off a student loan? Are you including pension/super/401k?

    It's generally advisable to have an emergency fund that acts as a safety net for sudden changes in circumstances. The amount needed for that could be as little as 5k or as much as a million, depending on your lifestyle and how much you're able to save. For someone who already owns a home, has paid off any student debt, and has a decent pot for retirement, I think anything beyond the emergency fund is just a "nice to have".

    When I was 30 I think I had about $30,000 (AUD) in savings, but I also already owned a home and had a decent chunk in my super. I had not finished paying my student loan. My savings were separate to all of that.

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