Monday, March 08, 2021

How much to save for retirement?

Ewpple Income For Life | www.ewpple.com

How much to save for retirement?

Below is the monthly amount to save to be sufficient to last from 65 to 90 years old



Conclusion

  • The earlier you start the cheaper.
The monthly saving needed for younger people is lesser.

  • The earlier you start the more you gain.
The longer the saving period the more time your money can grow.

  • Better late than never.
You can start at any age. The retirement fund can stretch longer even for those 65 or older.

Is your retirement fund sufficient?
Please feel free to comment.

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The above personal opinion does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The past performance of the above securities is not indicative of the future performance of the securities. Please refer to the disclaimer statement.




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