
Everything You Need to Know About Your 401(k) (Are You Losing Money?)
Money Guy Show
00:00
How Much Should I Be Saving to Live the Life Style You Want to Live?
A little goes a tremendously long way. You need to be saving 20 to 25 % of your gross income, 25 per cents to grow. When you're 20 years of age, you only need to save nine % of yourgross income to reach 60%. And so i'm encouraged by that. It als always the grow it here'adHere's what we've set up. We basically did a calculation where we were saying, if you just want to have a retirement life style, that had replace 60 % of your, you know, working wages.
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