05-21-2007, 11:52 PM
I currently put 10% into my 401K, 5% into cash savings, and an extra 20% of my monthly mortgage towards an extra principal payment on my home. I have no credit card debt, and no car loan for the past year and a half. I've been living as frugally as I can in order to triple pay my student loans, which I'll finally be free of in 2-3 months. I started saving late, like at 30, and I'm nowhere near the top 5%, but I think my level of savings is reasonably about where it should be, but, even if it isn't, I just can't scrimp any more without having zero life.