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Your hourly rate = (your annual salary) / 2000.
Your life insurance coverage should be five times your salary.
For emergencies keep six months of living expenses in savings.
Your rent should be 25 percent or less of your net income.
The percentage of your total investments kept in stocks should be 100
- (your age).
You should rent a property that you own to a tenant for a monthly rate
of one percent of the purchase price.
An investment will double in value in "x" number of years,
where x = 72 / (annual interest rate).
When you retire you will need about 70 percent of your working net income
to live comfortably.
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