Save at Least 10% Per Year
In order to have a comfortable and enjoyable retirement, financial experts advise putting money aside annually. It would be ideal to save 15%, but many people may feel overwhelmed by this target; however, they should strive to save a minimum 10% per year.
If 10% still seems like too much for you to set aside, especially in the beginning, start with smaller installments and increase them in time, such as by 1% every year. Save all that money into an account that provides benefits and rewards for being a saver. For instance, SunTrust Select Savings account is perfect when you start your saving endeavor.
