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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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  1. All Episodes
  2. Should You Be Saving 15% of Your Income?

Should You Be Saving 15% of Your Income?

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.  

Read more and get additional financial resources: http://johnsonbrunetti.com 

 

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