1. Less than 10%
2. 10-25%
3. 25-50%
4. Greater than 50%
In my early career I was saving 50% of my salary. My salary was very low but I was careful with my expenses & would invest my savings regularly.
By my mid career I still continued saving & Investing 50% of my salary. This helped me retire early.
Ideally it should take anyone 15 years of saving & investing 50% of salary to retire.
For anyone saving & investing 25% it would take at least 30 years of working to retire.
For anyone saving & investing anything lesser may never retire.
The best part is this does not depend on the money you earn.
What about you?
Thoughts?
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