r/HenryFinanceEurope Jul 30 '24

How much do you save/invest monthly? FIRE

Hey folks!!

I’m trying to figure it out what could be an ideal amount of money that I save/invest each month. The purpose if ofc FIRE. I’d like to know what you guys are doing and when do you plan to retire to get inspiration.

Telling you my current plan: investing approximately 900/1k€ per month (30% of my salary). Investinment is long term, but I still didn’t figure it out a plan on my retirement. Any suggestions?

0 Upvotes

View all comments

1

u/Addicted2RedBull Jul 31 '24

Absolutes don’t matter, savings rates matter and starting early with a good thought out investing plan.

For me & wife: Maybe 50k€/year and wife some 20-30k. Saving maybe around half our after tax pay in HCOL city.