Is it wise to invest over 30 percent of income on a s&p 500 fund?
Is it wise to invest over 30 percent of income on a s&p 500 fund? I am a young person, age 20, and the idea of early retirement and compound money growth has taken over my brain recently. The fact that statistically speaking I could be financially safe in the next 15 years and very well off in 20 years is such a nice thought. However, my paycheck is not impressive whatsoever, earning consistently 22 bucks an h...