I’m 29 and make about $92,000 before taxes. I work for the government, and plan on maxing out my $18,000 contribution to the Thrift Savings Plan (it’s Roth). Right now I have $28,000 saved total. My student loan payments are $900 a month, and rent plus utilities will always be a minimum of $1800 a month (DC is expensive).
My husband is 39 and makes $44,000 before taxes. Right now he’s putting in $4,400 a year to his 401(k) (this is a total of his contribution and his employer’s matching contribution) and we plan on maxing out a Roth IRA every year for him in addition to that. He has about $4,000 saved so far.
We also have almost $13,000 in savings right now that I’m not sure what to do with. This is our emergency savings and potentially the beginning of savings for a down payment. I would love to afford a home eventually, but am not sure that will be possible.