I’ve recently come into a situation where my neighbor is willing to sell me a .17acre lot that runs behind my house. It spams about 3 properties on the south border, one on the north and one on the west. I talked to the town and they would let me absorb this land into my current property. I want to build a two car garage that...
/r/personalfinance was one of my more frequented subreddits and I find it pretty valuable. I figure I should try to help get the ball rolling over in the Fediverse and it seems like this is the most active substitute so far....
First, thanks for contributing. I credit r/personalfinance as one of the most important factors that allowed me to become financially literate. Still cleaning up the messes of my 20’s, but things would be WAY worse if I wouldn’t have been able to self-educate. I’m not going back to Reddit, so I’m thankful that you’re contributing content here instead.
In regards to your question, relatively poorly.
I’m 31. My salary when I began work after grad school was 35k with only 2% going into retirement; now my salary is north of 100k with 15% going into retirement. I am at about 40% of my annual income, so definitely behind. I should be able to have some nice catch-up progress over the next five years, but I can’t help but feel like a better starting job pre-COVID would have set me up way better.
Land acquisition question - Two Car Garage
I’ve recently come into a situation where my neighbor is willing to sell me a .17acre lot that runs behind my house. It spams about 3 properties on the south border, one on the north and one on the west. I talked to the town and they would let me absorb this land into my current property. I want to build a two car garage that...
How are you doing relative to the 1x by 30 / 2x by 35 / 3x by 40 salary rule for retirement savings? ( kbin.social )
/r/personalfinance was one of my more frequented subreddits and I find it pretty valuable. I figure I should try to help get the ball rolling over in the Fediverse and it seems like this is the most active substitute so far....