People who have delayed planning for retirement until their late thirties or forties should begin investing ____ percent of their pretax income annually.

Question

Quizplus · Accepted Answer

Starting to invest 20 to 25 percent of pretax income annually would allow individuals who have delayed planning for retirement until their late thirties or forties to make up for lost time and build up a sizable nest egg for retirement. Investing a higher percentage would ensure a comfortable retirement.

People Who Have Delayed Planning for Retirement Until Their Late