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Question for BMA's

2,958 Views | 29 Replies | Last: 10 days ago by El_duderino
hedge
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4:32p, 11/5/24
How much are yall putting away each year in investments (retirement, hsa, brokerage, etc…) I'm hitting about 50k right now but want to get more in the market…

Would like a frame of reference
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CC09LawAg
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In reply to hedge • 4:58p, 11/5/24
I'd focus more on what % of your income that is vs the number itself.

Keep the % the same or bigger as you get raises, and you'll be golden.
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stonksock
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6:12p, 11/5/24
I only max out my HSA because I retired early so no 401k and you have to have earned income to contribute to an IRA
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hedge
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In reply to stonksock • 6:14p, 11/5/24
Is most of your assets in a brokerage?
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stonksock
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9:38p, 11/5/24
90%ish liquid in cash/stocks/bonds
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El Chupacabra
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2:12a, 11/6/24
Not BM and not A…but max hsa, 401k(me), 403b(wife), and 2 ROTHs and put $1k/mo into 529s. Whatever that maths out to.
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OldArmyCT
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4:50a, 11/7/24
AG
Don't focus on a $ amount, go for a % instead, everyone has different income levels. Mine while working was 15% of gross. And I've been 100% equity since about 1995 and I retired in 2018, still 100% equity.
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nu awlins ag
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In reply to hedge • 1:48p, 11/7/24
AG
hedge said:
How much are yall putting away each year in investments (retirement, hsa, brokerage, etc…) I'm hitting about 50k right now but want to get more in the market…

Would like a frame of reference


Max your 401 if you can. Save 5-15% per month in the market, stocks, funds etc. if you can swing this, you'll be surprised what it looks like 5, 10 years down the road.
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Dr T and the Women
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3:03p, 11/7/24
AG
50%
mostly in real estate
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GasAg90
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4:29p, 11/7/24
Don't consider myself a bma but am currently saving/investing ~50%.
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hedge
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In reply to CC09LawAg • 4:42p, 11/7/24
Yea, maximizing income is probably my #1 right now
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DannyDuberstein
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4:56p, 11/7/24
AG
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stonksock
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6:45p, 11/7/24
While I was working I started at saving around 15% including match early in my career and I never upped my lifestyle much through a lot of my raises and ended up saving around 30ish near the end of my career. It was really that 15% I started saving as a 22 year old that compounded so much to get me where I am today. People often ask me for tips but I can't help them unless they can go back in time because the biggest reason I was able to retire early is because I started so early and let compound interest do it's thing.
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nu awlins ag
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In reply to stonksock • 8:41p, 11/7/24
AG
stonksock said:
While I was working I started at saving around 15% including match early in my career and I never upped my lifestyle much through a lot of my raises and ended up saving around 30ish near the end of my career. It was really that 15% I started saving as a 22 year old that compounded so much to get me where I am today. People often ask me for tips but I can't help them unless they can go back in time because the biggest reason I was able to retire early is because I started so early and let compound interest do it's thing.


Yup. That's why I'm retired at 54.
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Fins Up!
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3:02p, 11/8/24
AG
About 25%
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AggBock
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4:45p, 11/8/24
AG
I do max 401k and now trying to max HSA as well. That is enough if you do it early enough.
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jamey
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4:57p, 11/8/24
AG
I can attest to starting early as other have said. I did not and I'm more of a small money ag

As a result of the late start me and my wife put in about 50% into 401K, HSA, Roth IRA and a taxable account. We've caught up sufficiently but we've lived below our means for a very long time as a result of the late start
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EvenPar
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6:35p, 11/8/24
AG
No more than 30% in public markets
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hedge
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In reply to EvenPar • 7:09p, 11/8/24
EvenPar said:
No more than 30% in public markets
lol and why's that
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chris1515
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10:06p, 11/8/24
AG
I probably average 30-40% of salary+bonus+401K match.

Somewhere in that range. Goal was always to retire/"not need to work for money" before age 50. On track.

Combo of what I think was slightly above avg income and slightly below avg expense base for a long time.

Years ago I was probably making $90K and calculated that I had saved over $50K that year. On one hand I was proud of myself, on the other hand I decided I needed to spend more on fun stuff. It's a balance.
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YouBet
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2:23a, 11/9/24
AG
15% of gross vast majority of career.

These days it's been more of an absolute number. Our situation is different now with no 401ks so it's not nearly as clean. I need to calculate %.

We max my wife's Roth and our HSA and then I'm investing and re-investing cash into our bond ladder or taxable accounts when I gather up excess.
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RightWingConspirator
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In reply to hedge • 6:42a, 11/9/24
AG
Not a BMA but we put away over $100M/yr in Investments. Math works out to over 31% saved/yr.
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Dr T and the Women
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In reply to RightWingConspirator • 7:00a, 11/9/24
AG
RightWingConspirator said:
Not a BMA but we put away over $100M/yr in Investments. Math works out to over 31% saved/yr.


Nice to make 300 million per year

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YouBet
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In reply to RightWingConspirator • 7:42a, 11/9/24
AG
RightWingConspirator said:
Not a BMA but we put away over $100M/yr in Investments. Math works out to over 31% saved/yr.
You are one of those people.
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EvenPar
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In reply to hedge • 8:19a, 11/9/24
AG
To allow more allocation towards Real Estate, Private Equity, Non-Bank Lending, and Cash Equivalents. Outside of Cash Equivalents, these historically outpace the Public Markets.

That said, I realize and agree it's not for everyone.
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jh0400
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10:42a, 11/9/24
AG
Approximately 30% of my compensation is in RSU vesting. That all stays in the brokerage account. We also both max our 401k, IRA, and HSA and put another $20k or so into a separate taxable brokerage. Overall it works out to around 28% of our household. It could be higher, but I'm doing everything I can to make as much as possible while also dying broke.

ETA: I forgot about my after tax 401k contributions, which bumps the total to around 32%.
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stonksock
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4:17p, 11/9/24
I personally hate real estate and have about ~5% net worth in my current house, but that will likely change in the next year or two. I don't see interest rates coming down that much and it might be hard to get a mortgage without a job so I'll probably pay cash for my next house so it will end up being 15-20% or my networth when I move. If interest rates plummet I'll do a SBLOC and keep the house under 10%.
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EliteZags
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In reply to AggBock • 4:42p, 11/9/24
AG
AggBock said:
I do max 401k and now trying to max HSA as well. That is enough if you do it early enough.
I would max HSA and Roth before 401k(after match)
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Fins Up!
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4:47p, 11/9/24
AG
Max it all if you can.
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El_duderino
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2:10p, 11/10/24
Not BMA yet, but around 40% across 401k, Roth, and taxable
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