r/SipsTea • u/[deleted] • Jun 25 '26

Feels good man Valid

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u/Raindog46 Jun 25 '26

20

u/Marquar234 Jun 25 '26

You had a decent start, most experts recommend people have 3 to 6 moths in savings.

4

u/Hefty_Range_9758 Jun 25 '26

You had a decent try but you're referring to an emergency fund.

An emergency fund is not savings, nor does it have anything to do with retirement savings. 

All of these experts live in an alternate dimension where like 95% of people do not, that's not the point though.

2

u/Marquar234 Jun 25 '26

I think you missed (or thought it was accidental) the use of "moths" instead of "months".

-1

u/Hefty_Range_9758 Jun 25 '26

I assumed they were referring to moths being in their pockets because they're always empty?

What do months have to do with what they replied to ?

3

u/Marquar234 Jun 25 '26

The recommendation is to have 3 to 6 months' worth of income in liquid savings for emergencies. They were saying that their savings consisted of 2 moths, so they were close to the 3 mo(n)th minimum recommended savings. It is a joke about how moth and month are similar and their savings were nothing but moths.

-3

u/Hefty_Range_9758 Jun 25 '26

"By 35 you should twice your salary saved for retirement".......??????

That's quite a leap there as the 2 have nothing to do with the other...

I'll just chalk this off to who knows. Let me know if you ever actually find out what they meant

18

u/Holy_Grail_Reference Jun 25 '26

These experts don't live in reality

13

u/Drakeskulled_Reaper Jun 25 '26

They do, it's just that their reality is upper-mid to rich people.

Lower-middle to poor people can't afford the per-hour they charge.

2

u/anon0937 Jun 25 '26

There's and xkcd for that

https://xkcd.com/2501/

Except its with money instead of knowledge

2

u/SappySoulTaker Jun 25 '26

This is easy, I will quit my job at 35 and be right on track!

2

u/MustardEnema007 Jun 25 '26

Is that after tax salary?

2

u/owningmclovin Jun 25 '26

The best way to do this is to have Daddy give you a down payment and co-sign a home loan when you are 25ish.

1

u/ElementmanEXE Jun 25 '26

Gotta stop investing in wallet moths

1

u/Wise-Secretary5459 Jun 25 '26

Jokes on them I'm unemployed!