Yukon eco-tourism resorts for fishing, family vacations, and outdoor adventures in Canada's wilderness... Yukon eco-tourism resorts for fishing, family vacations, and outdoor adventures in Canada's wilderness... Yukon eco-tourism resorts for fishing, family vacations, and outdoor adventures in Canada's wilderness...
âOverall, Americans are horrible savers, and our retirement accounts are woefully underfunded.â. According to the National Institute on Retirement Security, 45 percent of working-age households have no retirement savings at all. Among people 55 to 64, average household retirement savings total only $12,000.
All you need to do is pick how large you want your retirement savings to be and then multiply the percentage by that amount to see where you should be at. For example: If I earn $100,000 per year rather than $60,000, then my target total retirement savings should be $100K x 0.8 / 0.04 = $2 million dollars. So by age 40 (15 years into saving) I should have approximately 24% of $2 million dollars saved = $479,367.