If You've Saved This Much for Retirement by Age 40, You're Ahead of the Game
Give yourself a pat on the back if you've achieved this major retirement milestone.
Overview
By the time you've reached your 40s, you're often pretty well established in your career. You're probably earning more than you did in decades past, and you may have access to better retirement benefits through your job. But that doesn't mean you feel on track for the retirement you want or that you even know what "on track" looks like.
That's OK. A lot of people are in the same boat. The truth is, there's no magic number to aim for. But there are some rules of thumb you can use to gauge how you're doing compared to other 40-year-old savers.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.