Challenge for Week June 27th- July 3rd
This week, check your retirement account to see if you are on track. If you're not, look into adjusting your contributions or your investments. At the following ages, to replace your income in retirement, you should shoot for the following amounts in your retirement savings.
Age 35 = 1.5x your annual income
Age 45 = 5x your annual income
Age 55 = 12x your annual income
Age 65 = 25x your annual income