Tuesday, December 26, 2017

How much percentage of my income should I be saving? How much does the average person in the US save each month from their income?

I earn $40,000 a year, how much of that income should I be saving per year? I don't have a mortgage as I own my apartment. I live in Boston in the USA.

In addition, how much does the average American save each month from their salaries?

I'm currently saving about $5,000 a year, but is that enough?

Read more: https://allmortgage.net/forum/how-much-percentage-of-my-income-should-i-be-saving-how.html