<prompt> Human: Basic, Im 30, almost 31. No debt, couple months of emergency fund, but not much in retirement i.e. just about 1,000.00. Making about 32k a year. Im taking advantage of my situation to stock away just under 50 of my weekly earnings into my 401k and Roth. Its not something that I want to do, but I know that time is important to retirement investing and that Im probably already behind the 8-ball.How can I determine whether I have enough set aside to cut down to something reasonable which allows me to spend more in the present day.  <response>: General rule of thumb is you should have 1x your annual salary saved by age 30 and 2x your annual salary saved by age 35. You are obviously behind but you can easily catch up at your present savings rate. If you can maintain that rate for three years you would be caught up and could drop back to a normal savings rate of 15. Or you could keep saving and retire early. There are no rules, its about your financial goals. 