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#by35

Less than Twice My Salary Saved by 35? Am I doomed?

May 25, 2018 by Mr. Heartland on FIRE

By 30, you should have a decent chunk of change saved for your future self, experts say — in fact, ideally your account would look like a year’s worth of salary, according to Boston-based investment firm Fidelity Investments, so if you make $50,000 a year, you’d have $50,000 saved already. By 35, you should have twice your salary, the firm said. – Marketwatch article citing Fidelity Investments advice

There’s been quite a bit said and written in response to this article.  Let’s take a closer look… [Read more…] about Less than Twice My Salary Saved by 35? Am I doomed?

Filed Under: FI Progress, Retirement, Savings Tagged With: #by35, 401k match, by 35, Financial Independence, how long until retirement, How much to retire, Marketwatch, Savings rate

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