Did you know that over half of working Americans feel they’re behind on their retirement savings? Yep, 56% to be exact. Some recent numbers from Bankrate give us a clear picture: 37% feel way off course, and a third think they need over a million bucks to have a comfy retirement.
Where’s this worry coming from? Many set their own saving goals, often swayed by stuff they see online. Loads of websites tell you how much you should save at different ages.
These websites include usual costs and extras like healthcare in the future. Heard of the rule of saving double your starting salary by your thirties? Or 10 times by your late sixties?
