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Jonathan Clement's Blog: Grab The Roadmap

FYI: FINANCIAL SECURITY is within your reach. Don’t believe me? Here’s a roadmap that demonstrates it’s possible for most Americans.

Sam is a 22-year-old college graduate. He begins working right after college, earning $50,000 a year. He saves 20% of his income the first year, equal to $10,000. Each year, he gets a 2% raise. This raise is over and above inflation, which we’ll assume is zero to keep things simple. In addition to saving $10,000 a year, he takes half his annual raise and also socks that away.
Regards,
Ted
https://humbledollar.com/2018/12/grab-the-roadmap/
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