It varies enormously based on your situation. Rules of thumb are rules of dumb.
In this case, Frank is saving outside any retirement accounts. Clearly, saving the requisite amounts within, say, an IRA, would change things somewhat. best, Larry
So are these amounts just for a savings acct or do they include 401k, Roth IRA, etc. ?
In this case, Frank is saving outside any retirement accounts. Clearly, saving the requisite amounts within, say, an IRA, would change things somewhat. best, Larry
So are these amounts just for a savings acct or do they include 401k, Roth IRA, etc. ?