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21 Ways to Get on Top of Your Retirement Now!

March 24, 2020 · Personal finance

Save a Fixed Percentage of Your Income

Figure out what percentage of your income you can set aside. Then, once the paychecks start coming in put that amount of money away first before spending anything.

This will help you keep your fingers out of the proverbial cookie jar. How much you decide to set aside is up to you, but most financial advisors will tell you that 20% is the way to go. Of course, this all depends on what you earn and how much of your salary goes into payments you can’t ignore, such as debts or car payments.

You’ll have a much easier time saving if some of your money is tucked away safely.

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