Retirees Should Have This Much Invested by Age 67
Begin your retirement savings journey with the end in mind.
How much are you saving for retirement? For most people, the answer is "as much as possible." To be fair, it's not a bad answer. In the unlikely event that someone's saved "too much" of a retirement nest egg, they can always choose to give away a portion of their accumulated wealth.
Non-numeric, generalized answers to the question, however, aren't ideal. You're far more likely to meet a specific savings goal than a generalized one since a finite goal allows you to crunch some numbers and map out a clear, step-by-step plan to reach them.
With that as the backdrop, how much should current and future retirees have tucked away at 67 years of age? Keep reading.