Fidelity Retirement Saving Guidelines Are Aggressive – So Start Saving Now
“Savings factor: Aim to save at least 1x your income at 30, 3x at 40, 7x at 55, 10x at 67.” ~”How Much Do I Need to Retire” at Fidelity.com
Several years ago, Fidelity made a splash with cold hard retirement numbers. The discount brokerage powerhouse told savers and investors exactly how much they needed to save for retirement at each age milestone.
For example:
By age 30, you need the the equivalent of
one year’s...
Published on January 12, 2018 12:45