I regularly share my thoughts on automated investing and putting money away for retirement. In some posts, I’ve discussed how much to save each pay period. 10%, 15%? More? less? I always say to just start with something and save as much as possible for your situation. Today, I want to talk about increasing that …
We just discussed how to make saving a habit, but a lot of people do not know how much to save. Since you know how to save, today take a few minutes to decide on a saving goal and put a savings plan to action.
A new finance tool, the Five Minute Retirement Plan, does what the name implies. In only a couple of minutes, the site will create a customized retirement plan based on your age, current assets, and ability to invest in the future.
If you are in your 20s and your parents are near retirement, do you think you should have different investment strategies?
