Books tagged: savings rate

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Is Saving 10% of My Gross Income Good Enough?
Price: $2.98 USD. Words: 4,920. Language: English. Published: October 4, 2010. Categories: Nonfiction » Business & Economics » Personal finance
The old financial planning rule-of-thumb is to save 10% of gross income. With the demise of traditional pension plans and Social Security on shaky financial ground, it is time to revisit the 10% rule-of-thumb. This short story explores the 10% rule-of-thumb and updates it for the 21st Century. You will learn the correct target for your own personal savings rate.