Mark :verified: on Nostr: Only 2% have saved at least $1M for retirement ...
Only 2% have saved at least $1M for retirement
https://www.newtraderu.com/2023/12/07/only-2-of-people-have-hit-this-money-goal-why-it-matters/
I'm in that group - mainly because I had a great salary & saved for years. I don't spend a lot (yet) in retirement so it will continue to go up a while.
BUT - if you are in your 20s - don't believe the claim in this story that saving $210 a month is enough for your retirement. You will need $5-10M to be the equivalent in the 2060s. I would start at $100 a week or so if you can make it happen.
https://www.newtraderu.com/2023/12/07/only-2-of-people-have-hit-this-money-goal-why-it-matters/
I'm in that group - mainly because I had a great salary & saved for years. I don't spend a lot (yet) in retirement so it will continue to go up a while.
BUT - if you are in your 20s - don't believe the claim in this story that saving $210 a month is enough for your retirement. You will need $5-10M to be the equivalent in the 2060s. I would start at $100 a week or so if you can make it happen.