When You Need Extra Help, Who Do You Prefer To Hire?
|Options||% of Farriers|
|Farrier with 1-4 years experience||28%|
|Farrier with 5-10 years experience||13%|
|Both an apprentice and farrier||20%|
— 2017 American Farriers Journal email survey
As A Farrier, What Should You Be Saving For Retirement*?
At age 20: Save 25% of your annual take-home pay. Don’t let lifestyle expenses exceed 75% of your take-home pay.
At age 30: Have the equivalent saved of your annual take-home pay.
At age 35: Have saved twice your annual take-home pay.
At age 45: Have saved four times your annual take-home pay.
At age 50: Have saved five times your annual take-home pay.
At age 55: Have saved six times your annual take-home pay.
At age 60: Have saved seven times your annual take-home pay.
At age 65: Have saved eight times your annual take-home pay.
*Based on what you take out of the business that would be the equivalent of an annual salary.
— Kimmie Green, a money expert at Intuit
Friday's Farrier Facts & Figures is brought to you by Markel Insurance.
Markel Corporation (NYSE – MKL) is a holding company for insurance, reinsurance, and investment operations around the world. Headquartered in Richmond, Virginia and founded in 1930, Markel reports its ongoing underwriting operations in three segments, and products originate from four insurance divisions and one reinsurance division. Markel Ventures, a subsidiary that makes strategic investments in companies outside of the insurance marketplace, is another important component of our business.
In each of our businesses, we seek to deliver innovative products and responsive customer service so that we can be a market leader. Our time horizon is long-term, our underwriting approach is disciplined, and our focus is on continuously improving the quality of the customer experience. Our financial goals are to earn consistent underwriting and operating profits and to combine those profits with superior investment returns to build shareholder value.