How Much Should I Save For Retirement By Age? Pros and Cons of This Common Analysis.

Age Targets: How Much Should You Have Saved for Retirement By Now?

Link to excel doc shown in video (Please note the document is for educational purposes only but interesting nonetheless:) https://www.dropbox.com/s/0fjn22gcs0f...

Free financial calculator tools shown in video:
https://www.fncalculator.com/

Per the Kiplinger Article:

Retirement planning can be intimidating at any age — even more so early in your career. When retirement seems so far in the future, it’s hard to plan for it with so many competing priorities in the present. For example, in addition to your regular bills, you may have student loans to repay. Or you may be trying to save money to purchase a home or save for your kids’ college education.

Use these savings benchmarks to get more comfortable with planning for retirement. Then go beyond the rule of thumb to fully understand your potential retirement expenses and income sources. Beyond your savings, think about what you are saving for and how you envision spending your time after years of hard work. After all, that’s the reason why you are saving in the first place.

Link to article can be found here: https://www.kiplinger.com/article/ret...

Other related articles:

https://www.cnbc.com/2018/09/20/david...

https://www.investopedia.com/retireme...