Financially Simple

Ask Justin: Is $500 per Month Enough for an Investment Saving Plan?

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Sinopsis

In episode 233 of Financially Simple, Justin answers a listener's question on Saving for Retirement. As an employee of a business, you might have a Pension Plan, but it is also a good idea to have your own Savings Plan in place, just in case. Justin compares Gross Income to Net Income, and considers how much is enough to put aside each month, as well as providing some insight into Pension Plans and why it's a good idea to have your own Savings Plan. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 02:12 - Ask Justin: Is $500 per Month Enough for an Investment Saving Plan? 04:22 - Gross Income vs. Net Income 05:47 - Is 15% Enough? 08:30 - Savings And Taxes 10:51 - Pension Plans 14:43 - Are You Saving Enough? 16:03 - Wrap Up _________________   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Subscribe to the Financially Simple Newsletter Ask Justin a Question NEW Book: The Ultimate Sale - A Fina