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hellowway4567on Ask HN: 30+ year olds - how much have you saved so far?

As in my other comment, I mis-read the contract details. They will contribute only 2% and I am able to myself contribute 2-15% (isn't this the same as just saving myself?).

Also the country is Thailand, so there might be differences.

hellowway4567on Ask HN: 30+ year olds - how much have you saved so far?

Thanks, will check it out~

hellowway4567on Ask HN: 30+ year olds - how much have you saved so far?

Unfortunately I do not live in US, so it's not exactly a 401k (barely know what it is). And upon reading the contract again I see now that they contribute only 2%.

As my salary would be 135k THB (4293 USD) per month (51k/year berfore taxes) that would be only 1000 USD per year, barely anything.

I probably save more than 19k USD per year by myself though, although I'm without children/house/etc right now so that might change.

hellowway4567on Ask HN: 30+ year olds - how much have you saved so far?

I'm 29 but I'll soon hit 30. I have roughly $85k.

I save all my money in normal savings account, no investing or anything related to 'value increasing'. I don't have a separate retirement account either. I feel like I am not managing my money well enough, but I also don't feel like I have a "plan" for when I'm older. My next job have a clause where they will match retirement savings up to X percentage, that's a good step I guess? Kinda lost on the whole thing.