Save by Percentage, Not Dollar Amount, to Avoid Lifestyle Inflation

We’ve told you before it’s a good idea to treat your savings like a bill . You can do this with a 401(k) by automatically saving a portion of your pa

September 28, 2015 · 1 min · 52 words · Shelley Hogan

Weve told you before its a good idea totreat your savings like a bill.

This way, when you get a raise, your retirement contribution automatically increases.

Its a simple tip, but a useful one.

With percentage-based savings, your lifestyle inflates proportionally to your retirement savings.

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