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Does The “Perfect Save Rate” Exist? I Figured It Out

The Money with Katie Show

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How to Find the Perfect Save Rate for You

If you want to strike a balance between enjoying your life now and also giving yourself the maximum flexibility later I think the ideal save rate is somewhere between 35 and 40 percent of your net income. Depending on how much you already earn and your expenses that might be relatively easy to do with a few tweaks or maybe it's a reminder that focusing on increasing your income or cutting back on your expenses might be the right place to focus your energy next.

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