Mohit Sharma
Mohit Sharma

@Mohitsharma202

9 Tweets 6 reads Apr 20, 2024
7 More Advanced Personal Finance Rules That Will Help You Grow More
1) 3 Funds Portfolio Rule
2) The 4% Rule for Retirement:
3) 30-Day Rule:
4) The 25x Expense Rule
5) 10-Year Rule for Asset Allocation:
6) Rule of 72 for Compounding:
7) 15% Retirement Savings Rule:
Let's Start⬇️.....
1) 3 Funds Portfolio Rule:-
The Three Funds Portfolio Rule simplifies asset allocation by focusing on three broad asset classes
Stocks
Bonds
International Markets
Investing in these three funds in appropriate proportions captures the long-term growth
2) Rule of 4% Withdrawal:
In retirement, withdraw no more than 4% of your portfolio annually
It ensures that lasts throughout your retirement years
3) 30-Day Rule:-
Delay non-essential purchases for 30 days to avoid impulse buying and assess
Whether the purchase is necessary
That Builds a Discipline in you
4) 25 Times Rule:
Aim to accumulate savings equal to 25 times your annual expenses to achieve Financial Independence
It is the best formula to achieve financial freedom
5) 10-Year Rule for Asset Allocation:
Gradually shift your investment portfolio
From stocks to bonds as you approach your investment goal over 10 years
6) Rule of 72:
Divide 72 by the annual rate of return on your investments to estimate
How long it will take for your money to double.
7) Rule of 15:
Aim to save and invest at least 15% of your income towards retirement
It ensure financial security in your golden years.
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