Comments on: Compound Interest – Friend or Foe – Part I http://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-i/ Where we prove that it is easier to save a dollar than to make a dollar! Thu, 29 Jul 2010 00:17:55 -0500 http://wordpress.org/?v=2.8.2 hourly 1 By: Compound Interest – Friend or Foe – Part II « Eliminate The Muda!http://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-i/comment-page-1/#comment-113 Compound Interest – Friend or Foe – Part II « Eliminate The Muda! Mon, 30 Nov 2009 03:30:51 +0000 http://eliminatethemuda.com/?p=1687#comment-113 [...] Compound Interest – Friend or Foe – Part I [...] [...] Compound Interest – Friend or Foe – Part I [...]

]]> By: The Online Investing AI Blog » Weekly Wisdom: The Future Of Financial Freedomhttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-i/comment-page-1/#comment-111 The Online Investing AI Blog » Weekly Wisdom: The Future Of Financial Freedom Sun, 29 Nov 2009 10:33:20 +0000 http://eliminatethemuda.com/?p=1687#comment-111 [...] How can the return level of your investment account and size of your contribution affect your future? Joe Taxpayer has the goods in the post, Can the Market Make Your Rich. You might want to check out Eliminate The Muda for the first part of Compound Interest: Friend or Foe. [...] [...] How can the return level of your investment account and size of your contribution affect your future? Joe Taxpayer has the goods in the post, Can the Market Make Your Rich. You might want to check out Eliminate The Muda for the first part of Compound Interest: Friend or Foe. [...]

]]> By: The LeanLifeCoachhttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-i/comment-page-1/#comment-110 The LeanLifeCoach Sun, 29 Nov 2009 04:41:02 +0000 http://eliminatethemuda.com/?p=1687#comment-110 Samurai-sanMy interpretation has always been that most advise a total percentage of income. In virtually every example I have seen they only talk about saving 10-15% and then speak of taking advantage of 401K's first as a best practice of what to do with savings.I like your advice, and plan on getting there! Currently I max my 401K and then still save more, but if I can get to 10-15% after a 401K max I will be a very happy man! Samurai-san

My interpretation has always been that most advise a total percentage of income. In virtually every example I have seen they only talk about saving 10-15% and then speak of taking advantage of 401K’s first as a best practice of what to do with savings.

I like your advice, and plan on getting there! Currently I max my 401K and then still save more, but if I can get to 10-15% after a 401K max I will be a very happy man!

]]> By: Financial Samuraihttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-i/comment-page-1/#comment-109 Financial Samurai Sun, 29 Nov 2009 02:33:09 +0000 http://eliminatethemuda.com/?p=1687#comment-109 LLC - Do you think most advisors advise saving 10-15% of their income into savings on top of maxing out their 401K's? Or are advisers just talking about putting 10-15% into your 401k?I'm just trying to understand what the default advice is?I've always believed that maxing out your 401K is a given, and 10-15% is additional savings, but I might be wrong. LLC – Do you think most advisors advise saving 10-15% of their income into savings on top of maxing out their 401K’s? Or are advisers just talking about putting 10-15% into your 401k?

I’m just trying to understand what the default advice is?

I’ve always believed that maxing out your 401K is a given, and 10-15% is additional savings, but I might be wrong.

]]> By: Friday Fiscals: Cruise edition | Mighty Bargain Hunterhttp://eliminatethemuda.com/2009/11/compound-interest-friend-or-foe-part-i/comment-page-1/#comment-108 Friday Fiscals: Cruise edition | Mighty Bargain Hunter Sat, 28 Nov 2009 05:05:10 +0000 http://eliminatethemuda.com/?p=1687#comment-108 [...] The Muda questions whether compound interest is friend or [...] [...] The Muda questions whether compound interest is friend or [...]

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