JPMorgan Asset Management's 2015 Guide to Retirement has a handy retirement savings checkpoint guide to help you with that one. To get a crude idea of how much you should have saved, find the age nearest to your age and then go across to the column with the salary nearest to your current salary. Then multiply the number you land on by that salary. For example, this guide suggests that if you're 35 years old and earn $100,000 a year, you should have saved $140,000 by now. Among other things, this assumes you continue to contribute 5% of your salary annually, you retire at age 65, and you die at age 95. (See box for other assumptions.). But if you stick to this plan, you are likely to retire comfortably.
The debt swap has been made possible by a contribution of approximately US$11.2 million from the U.S. government under the Tropical Forest Conservation Act, and approximately US$560,000 by Conservation International, in part through a donation from the Arcus Foundation.
1 something that is exchanged. 2  Also called : : swap option, swaption (finance) a contract in which the parties to it exchange liabilities on outstanding debts, often exchanging fixed-interest-rate for floating-rate debts (debt swap), either as a means of managing debt or in trading (swap trading). Also called : : swap option, swaption (finance) a contract in which the parties to it exchange liabilities on outstanding debts, often exchanging fixed-interest-rate for floating-rate debts (debt swap), either as a means of managing debt or in trading (swap trading).