Mar 11, 2022
A question that we hear quite a bit is how much money should a person be saving every month? There’s a goal of 15% that might seem too lofty for many people, but is this the number you should be targeting? Today we’ll talk about building up savings ahead of retirement and which tools are best to do that.
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What we discuss in this episode:
0:18 – Mailbag question on saving
1:48 – Can you save too much?
3:53 – Cultivating a savings mindset for your children
5:59 – Mailbag question on saving beyond a 401(k)
7:30 – Money Map retirement review