Are you age 40+ with little or no retirement savings? If so, this episode will provide you with some practical steps to help you get on track to retire ready.
Fidelity’s rule of thumb for how much you should have saved for retirement based upon your age is as follows:
3 X Salary @ 40 years old
6 X Salary @ 50 years old
8 X Salary @ 60 years old
10 X Salary @ 67 years old
Don't panic if your savings don't quite meet Fidelity's guidelines. There are a number of factors that can impact how much you should save for retirement, such as where you live or your retirement lifestyle.
The bright side is you are in your prime earning years and with some "tweaks" to your finances you still have time to make a significant impact on your financial future.
So Let's Get Started!
Are you age 40+ with little or no retirement savings? If so, this episode will provide you with some practical steps to help you get on track to retire ready.
Fidelity’s rule of thumb for how much you should have saved for retirement based upon your age is as follows:
3 X Salary @ 40 years old
6 X Salary @ 50 years old
8 X Salary @ 60 years old
10 X Salary @ 67 years old
Don't panic if your savings don't quite meet Fidelity's guidelines. There are a number of factors that can impact how much you should save for retirement, such as where you live or your retirement lifestyle.
The bright side is you are in your prime earning years and with some "tweaks" to your finances you still have time to make a significant impact on your financial future.
So Let's Get Started!