UrbanBaby Asks...
Do you 'enjoy' spending time with your kids?
- Yes, most of the time we really have fun together
- Sometimes it's fun, sometimes it's really dull and aggravating
- Honestly most of the time it's not fun at all, but it's not supposed to be fun
- I really don't enjoy it at all, and wish I could spend less time with them
Already voted? View Results
Stay Connected with UrbanBaby: 
Flashback
UB Like it's 1776!
Posted September 13, 2007(191 replies)
More reminiscing about laughs on UrbanBaby »Inside UrbanBaby
UrbanBabyBuzz
Snowy Valentine by David
Meet Jasper, he’s a little bunny on a mission to surprise his wife for Valentine’s Day. He wants the perfect present, so trudges out in the snow looking for inspiration from his neighbors. When no gif ...
More »
Financial whiz moms, please tell me how much savings a 28-year-old should have (have a partner but am not married, pg). I have $45k to my name in cash and securities, half of which is in IRAs. Am I on the right track? Do I need to be saving more in order to retire at a reasonable age with a reasonable amount of money? How much money am I supposed to have at this age, anyway?
18 replies [ Reply | Watch | Morenon finance mom here - good for you. what is reasonable and what is your lifestyle? what's your position on paying for college?
[ Reply | More ]OP - Well, I've been living like a student since, well, since I was a student. I can see myself being frugal, but I'd like to expand the way I live - a house or larger apartment, etc. I am saving a decent amount of money living in a studio with a HHI of $65k right now. As for college - oh, man. I haven't even begun to think about that yet.
[ Reply | More ]
If you wish to be able to retire with investments that provide a $50,000/year income stream, you'll need to have at least $6 million in the bank. Double that for a $100,000 income stream, and so on.
[ Reply | More ]-
It all depends on what you make and where you plan to retire. If your goal is to own a brownstone by 55 and live in NYC, you'll need to step up the savings. If you plan to buy a place in NYC, same thing. I'm 29, married with $250k in cash/stocks and $120k in my 401k and ~80k in DH's 401k. We have $250k in equity in our condo, $15k in a 529 for DD and $70k in student loan debt. It's all relative based on what you make and where you want to end up.
[ Reply | More ]-
Finished college in 3 years, straight to law school and off to big law. Married young to another lawyer. Shared an apt as a married couple with a roomate to save for a downpayment. Saved aggressively for 3 years (eating at Subway instead of Per Se). Quit to work for IB, socked away every bonus. No we have kids and my comp is 1/2 of what it was 2 years ago. We obviously won't be able to keep up the level of savings, but at least we have a nice cushion set aside.
[ Reply | More ]
