How Much Money You Should Have Accumulated By Age To Retire? Are you Behind or Ahead of the Average?
How much do you need to retire? The amount varies, but Fidelity’s rule of thumb seems to line up with the general consensus that you should have 10x your income saved up by age 67. By age, this is where you should be according to Fidelity. Example: Income: $300,000 Amount you should have saved by 67: $3,000,000 Monthly allocation over 25 years of retirement: $10,000...