Ted Braun, Senior Vice President and Financial Advisor at Wealth Enhancement Group, was featured by Fortune in an article titled "How Much Money You Need to Make to Afford a $600,000 Home."
“Like any good guideline, the 28% rule works well in a vacuum,” says Ted Braun, CFP® senior vice president and financial advisor at Wealth Enhancement Group. “However, it fails to consider other important factors such as future income increases, temporary spending needs—think daycare, college savings, or even taking care of a loved one.”
Access the full article written by Ivana Pino here.