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Money Ratios for Retirement Savings

The earlier you start to save for your retirement the better but what percentage of your income should you be saving?

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The earlier you start to save for your retirement the better but what percentage of your income should you be saving? Today’s article highlight helps shed some light on the subject.

Tanita Conradie of Brenthurst Wealth, recently wrote an article on BizNews discussing four money ratios you need to know when it comes to saving for your retirement.

Here is a snippet:

How much of your gross salary are you saving every month? Do you know?

The percentage of your monthly income that you should be saving for retirement varies. It’s easier, for example, to commit a larger portion later in life compared to when you’ve started your first job. But as an average, it’s recommended that you try to save 15% of your pre-tax salary for your retirement.

~ Tanita Conradie ~

To read the full article go to, ‘Four money ratios to keep your retirement savings on track’.

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