In terms of saving, start with the comfortable percentage for your 401(k), and add a third or more of your raise each year until you're in the 15 to 20% range. Invest in no-load, low-cost, index US/International stock/bond index funds to minimize your costs with a mix that reflects your risk aversion. The amount saved and costs are the two biggest variables that one can control.
In terms of saving, start with the comfortable percentage for your 401(k), and add a third or more of your raise each year until you're in the 15 to 20% range. Invest in no-load, low-cost, index US/International stock/bond index funds to minimize your costs with a mix that reflects your risk aversion. The amount saved and costs are the two biggest variables that one can control.