The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Retirement savings benchmark Date:  1/18/2013  12:42 AM
Author:  dozer183e Number:  71259 of 88498

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.
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 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us