Tuesday, December 28, 2021

Are you saving enough for retirement? - In 1 Minute | Ewpple

 

Ewpple | Income For Life

Ewpple - How much do you need to save for retirement?

Save the following amount every month to last from 65 to 90 years old.

Starting with $345 a month for 30 years old, $552 for 40 years old, and $1,025 for 50 years old.

Conclusion

It is cheaper to start early.
Younger people need to save less each month.

You gain more if you start early.
The longer you save, the more time your money has to grow.

It's better late than never.
Those over 65 can still prolong their retirement fund.

Feel free to contact me if you need help building a retirement fund.

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