The 60:30:10 Rule is a successful strategy with a plan and a full understanding of your objectives is key to preserving your spending power in retirement.
What is the ‘60:30:10 Rule’?
We believe that a successful strategy starts with a plan and an full understanding of your objectives.
One of the key lessons in this 60:30:10 rule is taking a long-term perspective and we have seen over time, this gives people a greater capacity of spending power. Some achieve this in their 50’s others take a little longer.
Given this, our focus is generally best served by broad diversification and long-term investment using the 60:30:10 rule. Having said that, is always specific to YOUR goals and objectives.
In practice, the sources of your daily savings / spend plan should look like this split and then replicated as your source of retirement income when that time comes.
💡 If you need more information or help to establish your money management strategy, contact us today on 08 7111 0022 or book a chat to see how we can best help you here
Arthur Panagis
Author, Founder, Wealth Coach and Financial Strategist
B.Bus (Accountant)
Grad Dip (Financial Planning)
Professional Certificate in Self Managed Super Funds
ASX Listed Equities Accreditation
Tax (financial) Advisor
REMEMBER, action is power!
💪 We want to make the rest of your life the best of your life.
– Head Office –
Suite 2, Level 1, 148 Greehill Rd,
PARKSIDE SA 5063
Ph – 08 7111 0022
Email – info@fmgws.com.au
P.S. You might also like to read our guide to successful investing here
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Disclaimer: This article is factual information only. It is not intended to imply any recommendation about any financial product(s) or to constitute tax advice. The information in the article is reliable at the time of distribution, but may not be complete or accurate in the future.
