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When looking at the average retirement savings for married couples by age, the data is sobering. Even if you save more than the recommended amounts and plan to apply for Social Security benefits ...
The final rule for retirement savings is the 80% rule, or saving enough to replace 80% of your pre-retirement income. So if you currently earn $100,000 per year, this rule says you’ll need ...
Image source: Getty Images. 1. Calculate your retirement number. The best way to know exactly how much you should save is to calculate your retirement number.To do this, you'll first need to know ...
The median balance -- which may be more accurate, as it's less skewed by outliers -- is just $87,571 for this age group. If your retirement account balance is above average, give yourself a pat on ...
Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog. And almost nine in 10 responded that their biggest retirement fear is not ...
Use a Retirement Calculator Take advantage of online retirement calculators, which can help you run different scenarios and fine-tune your savings goal based on various factors. Ridofranz/istockphoto
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