A retiree keeps coins in a jar for decades, and his grandson shows off the 152-pound final result: “He finally lets me count them”

The word savings inevitably brings to mind a piggy bank where we stash leftover coins after paying with cash. Typically, these are coins we set aside for use later in other expenses.

In the United States, a 91-year-old man spent the last 70 years saving, according to a Reddit post by his grandson. He kept his savings in a glass jar, which included coins like a 1928 wheat penny—the oldest one he had. There were also 77 other wheat pennies from between 1928 and 1954, two silver dimes from 1963 and 1964, and a 1942 Mercury dime.

Eventually, in a follow-up post, the grandson revealed the total amount saved: “I finally counted the jar of coins that’s been sitting around for 70 years, and the final total is $2,052.76!”

He shared a photo showing the now-empty jar and all the contents transferred to a plastic bin. The coins alone weighed 152.5 pounds—around 70 kilograms. The grandson said it took him 15 minutes to empty the jar.

How much do you need to save for retirement?

According to Jake FitzGerald of Motley Fool Money, there’s a rule of thumb to follow that works well for this and it’s called the “25x rule”. The 25x rule suggests you should save 25 times your expected annual expenses. For argument’s sake, we’ll say you want to live on $50,000 a year. That means you’ll need around $1.25 million by the time you reach 65.

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