Retirement Regrets: #3 Not Increasing the amount you save
Tuesday, April 11, 2017, 12:55 PM
A retirement savings rate is the amount of money you deduct from your paycheck to put towards your retirement. For example, if you put aside Rs. 3000 every month from your Rs.30,000 salary for retirement, your savings rate is 10%. Your savings rate will vary depending on your salary, but you should always aim to increase your savings rate as your salary increases.