The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Retirement savings benchmark||Date: 1/18/2013 12:42 AM|
|Author: dozer183e||Number: 71259 of 76237|
Not sure if this is the right board for this, but at least some here should have a thought on this. Interesting article about people tapping into 401(k)s early for emergency matters. http://www.nbcnews.com/business/more-americans-raiding-401-k...
But there is quote about saving for retirement in there:
...Experts also advise that at age 35, you should have at least a year's salary in your 401(k) or IRA. By age 45, three years' salary. And by retirement at age 67, you should have at least eight times your salary socked away.</>
Just wondering what you all thought about that rule of thumb.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|