Save 15% of Your Income
Although there's no correct answer here, most financial planners say that, depending on your age, you should save at least 15% of your annual gross income if you're aiming for a nest egg for retirement.
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Paying for retirement
- Try to save at least 15% of your paycheck for retirement.
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- Firstly, save up for the emergency fund, which is three to six months of expenses, and set it aside. After that, least 15% of your combined gross household income should go towards your retirement, once all debt is cleared.
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