I'd like to get some ideas on socking away the dough. How do you structure your savings? From what I've read/been told, 20% of your net income is the magic number. It's best to first ensure that you have a 6-month supply of net income. And put it in a plain old savings account or something else that's liquid. From there, you should split it up between investments (index funds maybe?) and retirement. I don't know how many people actually follow a formula...so if you don't, what are some general guidelines you follow?