People can become U.S. citizens by birth in the United States, through U.S. citizen parents (depending on the laws in effect at the time of their birth), or through the process known as naturalization. A U.S. citizen is eligible to receive a U.S. passport, which is issued by the U.S. State department. Many countries allow visa-free travel for U.S. citizens. A U.S. citizen can leave and reenter the U.S. at any time without being subject to the grounds of inadmissibility or requiring a reentry permit.
They break the saving retirement goals by the amount of your current salary you should have saved up: For example, by age 35, Fidelity suggests that you should have saved 1X your current salary, then 3X by 45, and 5X by 55.y retirement age, you should have at least 8 times your ending salary. This will help you replace 85% of your pre-retirement income, which is a better rule than saving up a million dollars.
Savings by Age. According to the Employee Benefit Research Institute, workers younger than 35 have an average of $6,000 saved. Those 35 to 44 years old have $22,500 saved on average, and those aged 45 to 54 have just less than $44,000 stowed away.The average 55 to 64-year-olds only have about $65,000 in savings and those 65 and older have saved $56,000.ore than half of working Americans have no retirement plans; start saving as soon as possible. The average person with a retirement plan -- particularly a 401(k) -- has just a little more than $60,000 saved, according to the Employee Benefit Research Institute's May 2012 Retirement Confidence Survey.