I thought my wife and I were doing quite well with savings and investments but she sent me an email today which apparently declares us as far behind:
By age... Aim to have saved:
30......... ½X your salary
35......... 1X your salary
40......... 2X your salary
45......... 4X your salary
50......... 6X your salary
It seems crazy expecting to double your savings every five years. Where are you guys, on track or do you have other plans?
By age... Aim to have saved:
30......... ½X your salary
35......... 1X your salary
40......... 2X your salary
45......... 4X your salary
50......... 6X your salary
It seems crazy expecting to double your savings every five years. Where are you guys, on track or do you have other plans?
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