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Long download timePublisher:ECW Press, 2021Note: This book was purchased with support from the Government of Canada's Social Development Partnerships Program - Disability Component.
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Certified Accessible By: National Network for Equitable Library ServiceRunning Time: 06:45 hrsNarrator: Vijay MehtaPublisher:BC Libraries Cooperative, 2024Note: This book was produced with support from the Government of Canada's Social Development Partnerships Program - Disability Component.
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- Author: Vettese, FrederickDate:Created2021Summary:
Consider the age-old question of how much you should save to enjoy a comfortable retirement: Are your knees knocking? Are you nervously biting your nails? In The Rule of 30 personal finance expert Frederick Vettese provides a surprising — and hopeful — answer. Through conversations between a young couple and their neighbor, a retired actuary, the couple and the reader discover: How they would have fared had they been saving over various periods in the past, and how the future investment climate will differ The problem with saving a constant percentage of pay The Rule of 30 and why it is a more rational way to save Whether investing in real estate is a viable alternative to investing in stocks The Rule of 30 changes the mindset from saving the same flat percentage of pay to saving when it is most convenient to your situation. In most cases, it means less saving early on while mortgage payments are high and children are costly, and more saving later. Saving for retirement is a high priority, but it is not the only priority in life. It is time to dispense with old myths like 'just save 10% of your take-home pay.' The truth is we should save differently throughout our pre-retirement years — and The Rule of 30 is a road map for doing so.
Genre:Subject(s): BUSINESS & ECONOMICS | Investing | Money Management | Personal Finance | Retirement PlanningOriginal Publisher: Toronto, ECW PressLanguage(s): EnglishISBN: 9781773058863
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