The average American over the age of 50 has saved only 12% of what most experts believe will be needed to meet basic living expenses during retirement.
Rule of thumb:
You’ll need about 70% of your pre-retirement income (lower earners, 90% or more) to maintain your standard of living when you stop working. It’s never too late to start pumping money into your nest egg.
Escrit el 09-12-2007 03:56 |
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