Definition of tax deferral: Paying taxes in the future for income earned in the current year, such as through an IRA, 401(k), SEP IRA or Keogh Plan. Definition of tax deferral: Paying taxes in the future for income earned in the current year, such as through an IRA, 401(k), SEP IRA or Keogh Plan. Home Articles
glide ratio. The ratio of the forward distance traveled to the vertical distance an aircraft descends when gliding without any power.Also called a gliding ratio.lide ratio. The ratio of the forward distance traveled to the vertical distance an aircraft descends when gliding without any power.
One and a half times salary puts you right on the blue, starting at age 30, glide path, and you'll want to save 21%/year from this point forward. If, at age 35, you have 2x your salary in retirement savings, you're almost up to the green, starting at 25, glide path and will only need to save 16%/year. If your assets are between 1.5 & 2 times your salary, your annual contribution should be between 16% and 21%. (See below for a more precise estimate.)