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If you are mid to late30s or early 40s, how much money do you have in the savings?

127 replies

Homeiswherethedogsare · 30/03/2026 13:48

Sorry not interested to hear from those who have inherited big family wealth and huge deposits for their homes as of course that makes life much easier.
But if you have a “normal” job and maybe DC, interested to hear what is your financial situation? How much money do you have saved and what about pensions/mortgage etc

I’ll start: DH and I are late 30s, we live in London and have £8K in savings only. This is mainly because we have bought our first home last year and have spent almost all our savings for the deposit and solicitor, stamp duty etc. Have a huge mortgage (£470K) although a small and modest home because it’s London. 1 DC in school, still pay for a bit of wrap around care but nothing compared to the full time nursery bill we had for years.
We didn’t have any family help as we don’t come from wealth.
Own an old car outright.
Both have private pensions with work but only started these 8 years ago or so.

OP posts:
Notwiththebullshizz · 03/04/2026 17:21

Partner and I both 38. Instant access 75k and tied up 125k so about 200k in total. We have 2 kids 9 and 12. We do not come from wealth and both worked extremely hard to purchase our 1st home and got very lucky as when we came to sell there was a big property boom so made a decent profit off that.. The rest is just saving what we don't spend

DisappointingAvocado · 03/04/2026 17:31

36 yo. 16k emergency fund, 26k in S&S ISA. Large mortgage (485kish) and DH in a volatile industry, has avoided redundancy so far but it's a very real possibility so we didn't tap into these savings when we moved last year and up sized mortgage considerably. We are trying to overpay when we can, but that should hopefully get a little easier when a couple of other regular expenses end in next couple of years. We both have good pensions which is part of the reason we felt ok to take the mortgage on.

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