By Investment U Research Team You should be saving for retirement no matter if you are 20- or 60-years-old. Warren Buffet once said, “Do not save what is left after spending, but spend what is left after saving.”
Millions of Americans with both low and high paying jobs are still living paycheck-to-paycheck. Why is that? A recent GOBankingRates survey found an astonishing 34% of Americans have no savings at all.
How Much Should You Be Saving for Retirement?
We recently asked readers how much income they set aside while working. The majority of our respondents reported setting aside between 10% and 20% of their income.
Others reported setting aside …read more
