Your Money Puzzle

Ep 61: How Much Should You Have Saved at Different Ages?


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How much should I have saved? If you’ve ever asked that question, this episode might give you the insight you’re looking for. Join us as we explain the difference between the average and median, and then tell you how much experts think you should have saved in your 30s, 40s, 50s, and at retirement.

 

Read more and get additional financial resources here: https://wp.me/paQKv1-et  

 

Watch the video podcast: https://youtu.be/dTJWFIgSm_I 

 

What we discuss on this show: 

1:10 – What we’re talking about on the show  

2:24 – News headline: Bangkok cat cafe

4:45 – Election impact

8:04 – The difference between average and median  

10:02 – Why most experts only talk about averages

10:56 – Where you should be at each decade of your life starting with 30s.

13:19 – In your 40s 

15:42 – When you reach your 50s

17:01 – What you should have when you reach retirement

20:25 – How do you get to these savings goals?

23:00 – Think about tax considerations on accounts

24:28 – Final thoughts on this conversation

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Your Money PuzzleBy Robert Edgin