MarketWatch Article Says You Should Have Twice Your Salary Saved By The Age Of 35

…By 30, you should have a decent chunk of change saved for your future self, experts say — in fact, ideally your account would look like a year’s worth of salary, according to Boston-based investment firm Fidelity Investments, so if you make $50,000 a year, you’d have $50,000 saved already. By 35, you should have twice your salary, the firm said. The median retirement savings for a worker in their 30s was $45,000, according to Transamerica Center for Retirement Studies, which looked at workers’ retirement accounts including employer-sponsored accounts and individual retirement accounts.

Let me make this very brief.   If you have double your salary in your savings account by the time you are 35 you are an absolute psychopath.   There are only 3 possibilities for that to be a realistic scenario.

1, your life has absolutely sucked.  You have gone on no trips, had no experiences, have not seen any of the world, have not purchased anything on a whim that made you happy, have not gone out to dinner with friends, have not gone out drinking with friends, have not been to a bachelor party, have not been in a wedding.   Haven’t done anything.

2, you have led such a charmed life that you’ve never needed to buy anything.  Your parents paid for your college and paid for your rent and paid for your expenses.

3, you make $5,000 a year.

Money is meant to be spent.  You work to make money that you can then use to enjoy your life.  You should always put some aside.  Savings are great.  I’m not here to give financial advice.  I’m not a financial advisor.  All I’m here to say is that if you have double your fucking salary sitting in a savings account when you are fucking 35 years old, you did something wrong.  Fin.