3656: How to Save 20% of Your Income (Consistently) Each Year in Your 30s by Philip Taylor of PT Money on Retirement Planning

Get the 200+ Page Optimal Living Daily Workbook (PDF) - Free. Want to turn today's episode into an actionable plan? Join the Optimal Living Weekly newsletter and I'll send you our 200-page digital workbook immediately. It's packed with the best takeaways from the show, formatted for easy reading and implementation at home. Get your free PDF workbook here: https://oldpodcast.eo.page/join Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3656: Philip Taylor shares how he and his wife saved an average of 20 percent of their pre-tax income for retirement over a full decade, from maxing tax-advantaged accounts to automating every deposit. He explains why consistent money management and saving your raises matter far more than extreme frugality. Read along with the original article(s) here: https://ptmoney.com/save-20-income-your-30s/ Quotes to ponder: "Nothing has led to more consistent savings for us better than the automatic savings approach. It just works." "Just get started saving now and you'll find that as you mature financially, you'll want to save more." "A decade of saving consistently can have a significant impact on your retirement." Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day. Learn more about your ad choices. Visit megaphone.fm/adchoices