What's your view on using 25% of pre-tax vs. after-tax? Also curious but is your current effective saving rate? I imagine it's actually higher than 25%.
Good post. I feel lucky to be able to save/invest 88% of my post-tax income (I only spend a hundred or so dollars a month on wants)
Is the average person really so lazy they can't bring down 30% wants to like 5% and then save roughly 45% of their post tax income on investments? Just astounded that the bar is so low.
What's your view on using 25% of pre-tax vs. after-tax? Also curious but is your current effective saving rate? I imagine it's actually higher than 25%.
Good post. I feel lucky to be able to save/invest 88% of my post-tax income (I only spend a hundred or so dollars a month on wants)
Is the average person really so lazy they can't bring down 30% wants to like 5% and then save roughly 45% of their post tax income on investments? Just astounded that the bar is so low.
All in for saving more but wonder why your return % is just 3% after inflation.
Isn’t it historically closer to 7% after inflation?