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What percentage of my after tax income should I save every month?

July 13, 2010 By: admin Category: General

My after tax income (including bonus and interest income) is approximately US$325K per month. I am a professional and my job is relatively steady (been with the same company for more than 5 years). What percentage of my after tax income should I be saving (either for retirement or a rainy day)? Obviously, it is better to save as much as possible. But I guess I want to know what percentage is a prudent guideline. Thanks

What is the amount of income that will be allocated to each partner using the details below?

July 13, 2010 By: admin Category: General

A and B are partners. at the beginning of the current year, A's capital account is $30000, and B's is $50000. A and B decided to allocate income with 10% interest on capital balances at the beginning of the period and divide the balance equally. Net income for the current year is $80000. Each partner withdrew $150000 for personal use during the year. What is the amount of income that will be allocated to each partner?

How do I predict the income of a planned website ?

July 13, 2010 By: admin Category: General

How do I predict the income of a planned website based on income from ads when I dont know how many visitors there will be at any given month/week/day and also I dont know the how much i'll get paid for every click made? (planning to use google adsense or yahoo ads)
any ideas? how would I build a business plan for such a website?

Can you recommend me of any companies that help you calculate your predicted income?

What percent of your current income is needed for retirement?

July 13, 2010 By: admin Category: General

My retirement income will be approx 60% of my current income. I will not have social security income. My 401K and other savings will add about another 20 to 25. It this realistic?