need inputs from you guys.
for a guy 35 years old, being in the workforce for 10 years, is 30k savings
-too little
-ok, acceptable
-wah...alot already
if too little, how much savings in your opinion should he have?
If savings include investments, then $30k at 35 is way too low.
As the saying goes, "I would like to make my first million by the time I am 30". That was the aspiration of a lot of ambitious guys during their uni days.
My personal opinion (and there's no right or wrong)? $500k in savings and investments by 35 should be the minimum passing hurdle.