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Subject:  Re: Only 27, but... Date:  12/11/2004  5:38 PM
Author:  intercst Number:  205259 of 876353

2FoolsInLuv asks,

Could someone explain what badger was saying about the graduated savings rates - starting at 1% and then moving up? I'm sure he doesn't mean to earn returns of 10%, then 11%, etc.

That's just a fancy way of saying "save a larger percentage of your salary as you get older and earn more."

For example, save 10% of you salary when you're 25 years old, 15% at 30, 20% at 35, etc.

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