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No, but it states not to hoard

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16y ago
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Q: Does the Bible state how much money should be saved for retirement?
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Related questions

What is the average amount of money saved at retirement?

$250,000


What is a good amount of money to have saved for retirement?

$1M for every 10 years you want to live after retirement


What is retirement plan?

It is a plan for your retirement! Retirement plans usually center around the money you have saved up to live on after you stop working.


What is a Retirement Plan?

It is a plan for your retirement! Retirement plans usually center around the money you have saved up to live on after you stop working.


What is lawyers retirement?

Usually whatever money he has saved and invested over the years.


How much money tdo I need to have saved for Retirement?

You should put away at leasy 10% of everything you make. How much you will need will depend on when you retire.


Will the Fers retirement calculator show me how much money I should invest?

In order to find out how much money that you need to invest in retirement so you can have a good sized amount saved, you must actually attempt to do the math yourself, ask a financial advisor, or actually try to use the Fers retirement calculator.


How much money should I have saved before considering retirement?

How much you should save for retirement depends on a lot of factors such as how much income do you want in retirement and will you have other sources of income in retirement such as pensions or part-time employment. Tax considerations and planned charitable giving should also be considerations. A number of finance websites offer retirement planning calculators. Yahoo offers this "How Much Will I Need To Save For Retirement?" calculator (can be found at http://finance.yahoo.com/calculator/retirement/ret02) which may be a good starting point.


How can you reach retirement?

The key to saving for retirement is a 401K. Make sure to invest a certain percentage of your paycheck every week to a 401K plan, over time this money will grow, and once you reach retirement age, you will have a lot of money ready and saved up.


What are the benefits of the Civil Service retirement system?

A benefit of the Civil Service retirement system is that employees contributing to the plan can have a guaranteed amount of money saved for their retirement. This program came into effect as of August 1, 1920.


401(k) and 403(b) Retirement Plans?

These plans let you save for retirement while deferring income taxes on the saved money and earnings until withdrawal.Click here to fill out the 401(k) and 403(b) Retirement Plansform


What is a retirement account?

A retirement savings account will never be named as such, but there are certain types of investments that simply work best when saved for retirement. Among them - The annuity. Many annuities have maturation periods that go until retirement, and most have a surrender fee that must be paid if money is taken out of there early. IRAs. The IRA is a retirement account that is named a retirement account, but investors should know the difference between the IRA and the Roth IRA, and the instances in which they could take advantage of both types.