Best Way to Save for Retirement @ TipDrop.com

Best Way to Save for Retirement

Tip Sheet Credibility: 24

created by zbikenut 2009-09-22 01:32:44 pm

Tip Sheet

Save 15%. If you save and invest 15% of your income in twenty years you will have a really good chunk of money to retire on.

Tip Credibility: 42 (Best Tip!)

submitted by zbikenut 2009-09-22 01:34:15 pm

Do Not Budget your money. Many people get all caught up in having to keep to a budget. Less than 5% of the families in the US can do it. A much better way is take your savings out as soon as you get paid and make what is left stretch to the next payday.

Tip Credibility: 42

submitted by zbikenut 2009-09-22 01:36:17 pm

Teach your children to save. I required my kids to save half of what they made while they were living at home.

Tip Credibility: 23

submitted by Rick Imby 2009-09-22 01:38:26 pm

My favorite tip on saving for retirement is put your money into your retirement fund as soon as you get paid. If you have easy access to funds most of us will dip into them before our next payday. Save first.

Tip Credibility: 6

submitted by zbikenut 2009-09-22 01:32:44 pm

Have the savings amount deducted from your salary before you get your paycheck ie 401k contributions. After a while, you will not even know it is being deducted and learn to live on your takehome pay.

Tip Credibility: 4

submitted by owen8739 2011-02-16 06:40:24 am

Tip Credibility: 4

submitted by owen8739 2011-02-16 06:40:44 am

What do you know about that?

Have an account? Click here to login and add a tip.
No account? Click here to create an account and add a tip.

Important Disclaimer: Answers and comments provided on TipDrop.com are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. TipDrop.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments.

Credibility: 1,094

following	18
followers	14

My Links

»	Rick's Cell Review Rick's review of several different Cell phone and Cell Phone plans.

»	Prepaid Cell Phone Plans Reviewe of Prepaid Cell Phone plans in the USA.

»	The Best Tracfone Deal Prepaid cell phone reviews and the latest update of the best Tracfone Deal.

»	The Best Net10 Phones Prepaid Cell phone Guuy rates the best Net 10 Prepaid Cell phones.

»	Prepaid Cell Phone Text Deals Text Messaging with a Prepaid Cell Phone. How much does it cost per text message with the different prepaid plans. Who has the lowest price on prepaid text messaging.

»	Prepaid Tracfone Cell Phones Compare Pay as you Go cell phone plans with contract plans. Tracfone vs Verizon vs Net10 prepaid plans compared. How to get the best deal on Tracfone minutes.

»	Original Content on the Web The changing value of Original Content on the Web.

»	Guaranteed Spokane Carpet Cleaning We Guarantee our Carpet Cleaning. Spokane Carpet cleaning at great rates with a unique satisfation guarantee.

»	Big Fork Carpet Cleaning Guaranteed Carpet Cleaning with a unique guarantee. Big Fork Carpet Cleaning with a Dual method that gets carpets Clean.

»	Inverter Generators Compared to Conventional Generators Discussion of the advantages and disadvantages of the newer Inverter Generators vs the Standard Conventional Generator. When is an inverter Generator a much better choise?