Financial Ftr Img

Numbers for Financial Success

Numbers for Financial Success
To achieve success in life, you must set your goal. This is also true for financial success.
Here, we are presenting expert-recommended financial targets that will help you
to achieve financial success what you are looking for.
The Share of
Your Pretax
Monthly
Income that
Should Go
Toward
Housing Costs
Numbers for Financial Success
28% to 38%

Source: Carolyn Warren, Homebuyers Beware

The Maximum
Percentage
of Your
Retirement
Savings that
Should be
in Stocks
or Stock
Mutual Funds

120 – Your Age
Source:
Jim Holtzman,
financial planner,
Legend Financial Advisors
To Qualify for Home Mortgage
Credit Score 740 and
10% down payment
Source: Carolyn Warren, Homebuyers Beware
Minimum
Amount of Your
Pretax Income
to Save for
Retirement
Minimum Amount of Your Pretax Income to Save for Retirement
20% Source: Sheryl Garrett, founder, Garrett Planning Network
You should review your
retirement portfolio
at least once a year.
Maximum Percentage
of Your Take-Home
Pay You Should
Owe to Credit-Card
Companies
5%
Source: creditcards.com

Minimum Amount of Life Insurance You Should Buy

10 times Your Gross Income Source: Thomas Henske,
partner at Lenox Advisors
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