Suppose you earn $4,000 each month, and, by the time taxes and social security are taken out, you have take home pay of $3,000. As a general rule of thumb, how much should you invest for retirement each month
When it comes to investing for retirement, a general rule of thumb is to save around 10-15% of your take-home pay each month. So in your case, that would be around $300-$450.