facebookI’ve heard of the 50/30/20 rule for monthly salary allocation. Is there a similar rule for net assets? As in, how much of my total net worth should be in investment, insurance, cash and etc? - Seedly
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Anonymous

Posted on 15 Apr 2020

I’ve heard of the 50/30/20 rule for monthly salary allocation. Is there a similar rule for net assets? As in, how much of my total net worth should be in investment, insurance, cash and etc?

What's a good breakdown to have?

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11 answers

Discussion (11)

Hi anon,

I'd say to invest at least 20% of your salary. More if you can help it. Also, try diversifying beyond robo advisors. You will need other asset classes in your portfolio as well.

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Post

Hi Kuncoro,

In terms of priority, definitely look at insurance first, get your medical and personal accident covered first, after that look into a whole life policy.

An overall guideline for insurance is that it should only take up 10-20% of your income.

In terms of savings, the saying goes that if you are saving 20% of your income, you are planning for retirement, 30% of your income, then you are looking at getting financial freedom once you have retired, so maybe just something to think about

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I would say that insurance should be prioritised first. Without insurance, you'll need to fork up a ...

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