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HOW MUCH IS ENOUGH? If you are

How much you need to save to build an effective retirement corpus depends on your age. Here’s what you should save at different ages.

If you are

If you are

If you are

30

40

50

20 Save

20%

of your income

Save

30%

of your income

Save

40%

of your income

Save

50%

of your income

The figures given here are the minimum you should save to take care of your expenses after retirement. To meet other goals that you may have, such as children’s education or marriage, you would need to save over and above this amount. Source: Mint research


http://www.livemint.com/articles/2010/02/23214406/2618FA3A-D8F0-4540-AA14-9E2CD38F7AF2ArtVPF