50/15/5: A Saving and Spending Rule of Thumb

From the May 2015 Benefits eNews

Budget. Does anyone like that word? How about this instead: the 50/15/5 rule? It’s Fidelity’s simple rule of thumb for saving and spending.

Aim to have no more than 50% of your take-home pay go to essential expenses.
Try to set aside up to 15% of your before-tax income to retirement.
Aim to keep 5% of your take-home pay in short-term savings for unplanned expenses.

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50/15/5: A Saving and Spending Rule of Thumb

The Big Picture

See the total value of working at BMC.

Stay Updated.

Sign up to receive text alerts. Never miss an important benefit update.

bmc

Have Special Issues or Problems?

Call Your Benefits Resources (YBR) at 1-877-BMC-4849.

bwell - your well-being matters.

50/15/5: A Saving and Spending Rule of Thumb

bmc

Have Special Issues or Problems?

Call Your Benefits Resources (YBR) at 1-877-BMC-4849.

Disclaimer: