What percentage of your salary should go to savings?

Question

(1 point)
Responses

5%
5%

10%
10%

20%
20%

50%

Answer 1

There is no one-size-fits-all answer to this question as the percentage of salary that should go towards savings can vary depending on individual financial goals and circumstances. However, financial experts generally recommend saving at least 20% of your income for long-term goals such as retirement and emergencies.