Telling someone to save 15% for retirement (of your pre-tax income) might just be simultaneously the easiest and hardest step in the journey to financial independence. It is incredibly easy to explain and understand this step since everyone can immediately understand why this would be important. Saving more, earlier, is a key to any path to becoming financially independent and retiring so that shouldn’t be a surprise.
Even the how part is relatively simple in that you could just log into your 401k right now and set your contribution percent to 15%. As to whether or not you could actually afford to do that is a different story but everyone knows the actual mechanics of the step is the point.
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