47. How Much Should You Have Saved for Retirement (By Age)?
Oct 12, 2021•23 min•Ep. 47
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Episode description
Only about 1/3 of Americans say they either are or will be adequately prepared for retirement. And no wonder! It's a complicated business. So how do your retirement savings stack up to the average American your age?
In this episode, we'll share the research on how much the average American has saved and how much the experts recommend you have saved based on your age.
Remember, that there is no magic number needed to retire successfully. How much you need depends on many factors. Start saving as early as possible, use tax advantaged accounts whenever possible, and build multiple streams of income for retirement.
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Website: https://www.nateskelly.com
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