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Chart of the Day: Age vs. Salary Saved

Samuel A. Kiburz Mar 14, 2024
 chart ranges from 30 to 65, but green circles representing how many times your salary you should have saved. 30 = 1, over 65 = 10


Today’s Chart of the Day comes from Yahoo Finance with estimates by Fidelity. It shows a general rule of thumb for financial planning for how much you should have invested at different ages by multiplying your current salary by a specific number (based on your age) to prepare for retirement. Investments can also include things like real estate, businesses, and future inheritances.

Certainly, every situation is different and fine tuning is certainly needed for everyone, but this can be a starting point to see if you are on track.

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