Is Bad Advice Making You Think You’ll Never Be Able to Retire?
Date: Oct 05 2012
Filed under: Retirement
Why have predictions about retirement become so dour and hopeless?
Maybe it’s the seeming lack of understanding that so many retirement experts seem to have on the topic. Consider some recent advice:
- A study from Fidelity recently said that by age 35, you should have savings equal to your annual salary. By 45, that number should be up to three times your salary, rising further to five times by age 55. By retirement age (67), eight times your salary is the appropriate target –…
Is Bad Advice Making You Think You’ll Never Be Able to Retire? originally appeared on DailyFinance.com on 2012-10-05T06:00:00Z.
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