Strathspey
Registered User
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- 82
Hi,
Reading an article in the The Guardian recently, advice is given that by the time you are 30 you should have at least the equivalent of your annual income saved for retirement. By 40 it should be three times your annual income; by 50, six times. https://www.theguardian.com/comment...absurb-advice-sensible-saving-government-help
My question is, if you take this rule of thumb and apply it in the Irish context, is this based on gross salary or take home pay and would it include the state pension?
Reading an article in the The Guardian recently, advice is given that by the time you are 30 you should have at least the equivalent of your annual income saved for retirement. By 40 it should be three times your annual income; by 50, six times. https://www.theguardian.com/comment...absurb-advice-sensible-saving-government-help
My question is, if you take this rule of thumb and apply it in the Irish context, is this based on gross salary or take home pay and would it include the state pension?