19-11-2021, 09:11 | view 👀:109 | 🙍 oneddl | redaktor: Baturi | Rating👍:

The Rule of 30 A Better Way to Save for Retirement [#331154]

Name: The Rule of 30 A Better Way to Save for Retirement
Author: Baturi

InThe Rule of 30personal finance expert Frederick Vettese provides a surprising - and hopeful - answer. Through conversations between a young couple and their neighbor, a retired actuary, the couple and the reader discover:

How they would have fared had they been saving over various periods in the past, and how the future investment climate will differ
The problem with saving a constant percentage of pay
The Rule of 30 and why it is a more rational way to save
Whether investing in real estate is a viable alternative to investing in stocks

The Rule of 30changes the mindset from saving the same flat percentage of pay to saving when it is most convenient to your situation. In most cases, it means less saving early on while mortgage payments are high and children are costly, and more saving later.
Saving for retirement is a high priority, but it is not the only priority in life. It is time to dispense with old myths like "just save 10% of your take-home pay." The truth is we should save differently throughout our pre-retirement years - andThe Rule of 30is a road map for doing so.

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The Rule of 30 A Better Way to Save for Retirement [#331154]

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