I'm 21 years old and me and my fiance make $110k a year and we are both part time and going to school. I have 1 year left and I'll have my BA in Electrical Engineering and I'll be heading to the airforce, she is in law school and will be done in 2.5 years now, but wait let's compare 'brokedicks'. I'm just making a point, OP is reckless with money. I have my own investment portfolio and put away 15% of my pretax income into my 401k. Oh and did I mention I'm part time?