Stock Groups

How to retire with $750,000 on a $35,000 salary, broken down by age

[ad_1]

Most financial advisors will advise you as a general rule. suggest that you save 10% to 15% of your salary

If your goal is $750,000, then the amount you have to put in will depend on when you started.  

This is a case study.

Start investing when you are 25. This means you can save 13% from your monthly $35,000 income and more than $375 each month to get you to retirement with $750,000.

This video will give you a breakdown of the different timelines.

More information from Invest in You
Americans are more in debt than ever and experts say ‘money disorders’ may be to blame
How much money do you need to retire? Start with $1.7 million

Disclosure: Comcast Ventures is an investor in NBCUniversal. Acorns

[ad_2]