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...for an upper-middle class thirty something year old to have saved in their bank account?

(Speaking in terms of one who is not yet married or with children.)

I realize this is a general statement, but overall.
I'm not asking what's in YOUR bank account, just what you think is the average amount for most.

2006-09-04 15:14:46 · 5 answers · asked by Sixth_Sense 3 in Entertainment & Music Polls & Surveys

5 answers

While I have no idea how much the average is, it is usually suggested that you have between 2 and 6 months salary in savings no matter what your age and income level is. For someone in their 30s, it is best to already have a retirement plan such as 401(k), IRAs, stocks, etc set up in order to plan for retirement. The sooner you start preparing for retirement, the less you will actually have to put into it because of the way interest accrues and stocks (for the most part) increase in value.

2006-09-04 15:28:44 · answer #1 · answered by dm_scorpio 2 · 0 0

im guessing a million mayb 2... but im not sure because i still live with my parents (im in high school its not like i am an old fart who doesnt want to leave her parents house) and my dad has a lot of money and he has 3 kids and a wife. but since he is the boss of his company i c him all the time (he leaves at like 5 in the morning and he comes home at 3 30)

2006-09-04 15:19:30 · answer #2 · answered by 2Cute2bTrue 6 · 0 0

If you own your home, have a 401K, and drive a nice car, a good amount in the bank would be $15,000.

2006-09-04 15:19:13 · answer #3 · answered by Bowllynn 7 · 0 0

I would bet the average is $0.

2006-09-04 15:18:34 · answer #4 · answered by Am 3 · 0 0

I think most of them should have a month or 2 months salary...if not more.

2006-09-04 15:17:18 · answer #5 · answered by Carol R 7 · 0 0

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