I am turning 30 this year, so am getting a lot more detailed about my investments. Up until now I always invested 12% in 401k (7% me, 5% matched) and I always put a sum from each paycheck ($350) into investments with Edward Jones on an aggressive high risk plan.
Details: Income: 60k-70k depending on number of side clients
401k: 12% (as listed above)
Investment: $700/month
Mortgage/insurance/taxes: $1050/month
Set Expenses: $315/month (cell, utilities, entertainment, etc)
My question is, am I supposed to be investing 15-30% of my total income, or that amount after taxes. (yes, I realize some people do a lot more and many do less.)
Edit: formatting
Submitted January 12, 2017 at 11:18AM by brianbjw http://ift.tt/2jItR2s