2006-11-25 23:17:04 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
It depends. When you say pension, do you mean an investment pension provided by your employer? Such as a 401k. Does it include matching amounts from your employer? If the answer is yes, dump in as much as the employer will match as a minimum. If the answer is no, then the answer is a little more complicated to arrive at. In general $4000 invested each year returning 10% annually will in 35 years return over $1,000,000. Let that be a guide. If the money is placed in a Roth IRA, then the million is tax free when it is removed.
2006-11-26 01:48:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
A good rate is 15% on average. All depends on the kind of investments and the duration.
2006-11-26 07:31:51 · answer #2 · answered by marechal_00 5 · 0⤊ 0⤋
if you start saving in your 20s, then 10%
- if part of that goes to riskier things like investments, shares, property, make sure you keep some aside
2006-11-26 07:24:32 · answer #3 · answered by wizebloke 7 · 0⤊ 0⤋
may be 30%
2006-11-26 07:22:30 · answer #4 · answered by <º))))><.·´¯`·. 3 · 0⤊ 0⤋