No. of Recommendations: 2
IMHO the important thing is saving (and investing). The first thing is generally to save some cash for emergencies etc. Then you should save and invest in tax advantaged accounts which generally are known as retirement accounts. Most of these accounts have some limits to the amount of contribution so once they are maxed out one should invest in taxable accounts. I've never heard of anyone who arrives at retirements and thought they had saved too much. A common guideline is to save in one fashion or another 15% of your income.

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