How much do you have saved?

Me in 2012 said:
amount saved as a percentage of your current cost to company (or gross net income).

You can count pension/provident funds, and extra amount saved in bond. Don't count bond, or assets such as cars or houses. If you have other debt (besides homeloan), subtract that from your savings.

Currently, I have 98% saved. Aged 30. Doesn't seem like a lot, really.
Click to expand...

Well, since this thread was resurrected, I thought I'd update.

Percentage has changed to 236% (JSE fluctuations dependent), aged 34. Based on what I was earning back in 2012, percentage is 450%, which is interesting.

I am using Nedbank's MyFinancialLife which tracks things nicely:
https://myfinanciallife.nedsecure.co.za/MyFinancialLife/LandingPage

You can track stock, pension funds, other investments.
 
33 : 125% of annual gross static salary (pre tax) at the moment in savings.

But that ignores the Home Loan which puts me in a heavy minus.

Also excludes my wife's side of the story and all our finances are handled as a collective.
 
Last edited:
30 years old and it depends on the definition.
As per strict OP definition: 90%
Including share options that vest in the future: 265%
Including home equity (house value - bond amount): 390%
Also currently saving 24% of gross monthly income.
 
35, About 100%

Half that is pension, which is a bit low. The other half is extra in my bond and other investments.
 
50yo

1.7M savings
2M coming next month
no debt
nett worth R4.5m (property)
 
rorz0r said:
About -200% if you exclude the assets (house and car) that generally offset the debt. When my house, car (and any short term debt) are paid off and I have money sitting in an account I will consider it as "savings".
Click to expand...
Equity in house is around 260% ctc but half is my wife's so 140%. Probably another 15-20% in retirement savings. (I'm 31)
 
Age 39:
85% in retirement savings (this is low :()
Not gonna mention the rest, only me and my financial adviser need to know that :p

Have old man to support so not able to save any extra for quite a while yet :(.
 
After 8 and a half years of gainful employment my retirement savings are at 114% off my current annual CTC (just turned 37, yes, only could start saving for retirement at age 29 :().
 
Age 29:
Property: +- 1 Mil
Savings/Investments: +- R135k
Retirement: +- R500k
+- 227% of gross with property | 88% without
 
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