Forbes
By Kate Ashford
Published February 28, 2018
How do you get non-savers to save?
“I generally have clients start off with a percentage that won’t change their world,” Brancaccio says. “We start with 1% to 2% [retirement plan savings] and gradually, throughout the year or years, increase up to 5% to 8%.” Ideally, people should eventually be saving 10% to 15% of their salary each year—or more if they’re closer to retirement.
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