A Better Way to Save for Retirement
ISBN-13: 9781773058344
Author(s): Frederick Vettese
Subjects: VSB
Publisher: Ecw Press
Publisher Imprint: Ecw Press Digital
Publication Date: 19-10-2021
Format: Ebook
Availability: In stock
About the book
Consider the age-old question of how much you should save to enjoy a comfortable retirement: Are your knees knocking? Are you nervously biting your nails?
In The Rule of 30 personal 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:
The Rule of 30 changes 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 and The Rule of 30 is a road map for doing so.
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