Asked by Anonymous
Asked on 24 Nov 2018
How much savings your have at the age of 26? I am 26 now. I have been working for 7.5 years. My saving is around $40k. Is it healthy?
I think it does sound pretty healthy - additionally the fact that you are conscious about how much you are saving etc probably means that you have targets to hit and probably exercise prudence in spending.
You might want to consider investing as well, given that you are still young and can be less risk-averse.
I don't think you should be comparing either. It'd be better if you can find out if the amount of money you have suits your short term and long term needs
I don't think you should be comparing with others since all of us have different starting points. More at a younger age doesn't always mean better, it also depends on your lifestyle. See whether your growth is sustainable.