The Richest Man in Babylon In good times and bad, consistently saving a percentage of your income is a sound financial practice. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Immediate vs. Deferred Annuities Looking forward to retirement? It's critical to understand the difference between immediate and deferred annuities. Helpful Retirement Strategies for Women Learn how to address the challenges that women face when planning for retirement. Your Changing Definition of Risk in Retirement A change in your mindset during retirement may drive changes to your portfolio.