Is saving a percentage of income bad advice?

Michael Kitces | Pinnacle Advisory Group | 11 September 2012

The inspiration for this article was a recent conversation I had with another financial planner about an article I wrote a few months ago, suggesting that for young people, it might be wiser to invest in education that advances one's career rather than an investment portfolio, at least once a basic emergency account is established. The basic gist was that with a lifetime of earnings potential ahead of them, even small increases in base earnings today ...