Haleh Moddasser says rules for saving are arbitrary

When asked by Forbes how much money each age group should have saved, Haleh Moddasser balked at the idea of providing strict formulas. According to Moddasser, benchmarks are unreliable targets when everyone’s situation is different. For example, “In this day and age where people are being displaced by technology, the most important thing you can do is invest in yourself,” she says. “If that means forgoing a contribution to your IRA so you can go to grad school, I’d say absolutely you should do that.”

Read the full article on the Forbes.com website.


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