Monthly Archives: April 2014

Graphic: How Much Should You Have Saved Up for Retirement Today

The rate you save should change depending on your age and how much you earn. It’s important to save when you can and change your saving habits as you get closer to retirement. The table shown above is a savings calculator tool. This should be a guideline to help savers understand how much money they should have saved in preparation for retirement if they have been saving about five percent of their salary.

Graphic: How Much Should You Have Saved Up for Retirement Today

The table is broken into two categories; on the y axis is the age category, beginning at thirty years and ending at sixty five years, with five years intervals in between; on the x axis is salary, starting at fifty thousand dollars and ending at four hundred thousand dollars.

To use the table a person must first find the number closest to their age on the y axis and then the number which closest approximates their salary on the x axis. At the intersection of these numbers will be another number, which, when multiplied by the salary, will indicate the amount of money a person should have saved. Guides like this can be helpful tools in determining your saving rate, and accessing your current saving habits.

Chart: The Ten Most Common Jobs In America as of 2013

Check out the chart below of the highest jobs by employment status in the United States as of May 2013.

Chart: The Ten Most Common Jobs In America as of 2013

The chart depicts a bar graph of various fields of employment ranging from retail sales persons to custodial positions. It indicates various aspects of employment based in millions. Indicating which jobs which employ the most. The median indicator classified clerical, registered nurses, waiters and waitresses and customer service representatives. Based on the chart as of 2013 the job with the highest number of workers was “retail sales persons.” Whereas the lowest employment would include janitors and cleaners with the exception of maids and housekeeping.

Chart: Average Commission Per Share on the New York Stock Exchange Has Never Been Lower

While at first glance, it might seem that stock brokers aren’t making quite as much as they used to, a closer look at the chart below courtesy of Deutsche Bank reveals how well they’ve adapted and profited from the evolving modern market.

Average Commission Per Share on the New York Stock Exchange

Over the twenty three year period, between 1983 and 2003, the average commission has fallen nearly five-fold, while the volume of traded shares has gone up by nearly 100 millions shares a year. So while there is plenty of opportunities to take a piece off the top for traders, they aren’t taking nearly as big a bite as before. Their business model has pivoted away from the high fees imposed on a few investors, and more toward a volume-based nibbling of a much much larger pie. As more shares and more investors enter the market, the fees may keep trending lower, while the profits for traders will most likely continue to rise with the increased volume.

Chart: Wages for the Ten Most Common Jobs In America May 2013

Registered nurses do more than tend to patients and care for the sick; they also know how to throw off the curve. Nurses make, on average, more than $30,000 a year more than the next common occupation, nearly double what secretaries earn.

Chart: Wages for the Ten Most Common Jobs In America May 2013

As you can see from the above chart when nursing is clumped in with the nine other most common occupations, this skews the data, making the average of all workers look much higher than it actually is.

With nurses’ salaries in the mix, the annual mean wage is actually $10,000 more than the highest wage of secretaries and administrative assistants, who are the next highest earners. The disparity between the wages of nurses and the other of the ten most common professions in the United States shows that, while nurses may be a large and not unusual workforce, what they bring home at the end of the day sets them far apart from their peers.

Graphic: A Visual Guide to Matching Suits and Dress Shoes

Check out the chart below which is a helpful guide for men who want to know how to classify their wardrobe and how to dress for different situations from casual to formal.

A Visual Guide to Matching Suits and Dress Shoes

The chart compares and contrasts suits and shoes, arranging them into outfits that are suitable for formal wear, casual wear, and outfits for spring/summer, tropical or autumn wear. In addition, the guide lists events at which each outfit could be worn. Black, Charcoal and Grey suits, for example seem to be the most versatile suits as they can be worn to most any occasion. Suits that fit in the grey, navy or dark brown category are mostly considered to be useful at night events.