It does not matter how much your peers saved. There is no such thing as too much savings so long u live your life well, & enjoy it. Ultimately, your life start starts now & not 40 years down the road (touch wood, who knows whether we will even get there...??) Saved up within your means, & that the rationale of adopting a % of income earned instead of using quantum amount. However, mere savings & not growing it decently through proper investment (within your risk appetite) is an issue. That perhaps, might result in ‘too much savings’, since even the most attractive savings instruments out there such as DBS multiplier is also consider ‘low’ when compared against inflation.