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Fyi Income 25 Form

Fyi Income 25 Form

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Instructions and help about publication fyi income 25

it's brian preston the money guy this next question is from missy i miss it i have a pension for retirement that will pay out 75 of my highest average salary for my lifetime wow should i still do the 25 savings we get this question all the time hey i got a big pension do i really need to be saving 25 is that really something i should be focusing on yeah i think that's a great question and here's what i would answer for missy is that that 20 25 that's your total household savings and look and if you make under if your household income is less than 200 000 i think you you even include the employer match in that portion so now if you're over 200 000 i don't want you counting employer match because you're getting further and further from the safety nets of pensions and social security more of the weight is going to fall on your personal shoulders to replace that income in retirement so you better be saving a lot but missy somebody who has a pension that big i would challenge you go look at

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