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Author: dozer183e Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75537  
Subject: Retirement savings benchmark Date: 1/18/2013 12:42 AM
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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.

Dozer
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