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Is Your Retirement Savings on Track? [Infographic]


When it comes to planning and saving for retirement, there are a number of strategies, tools, and paths that you can take to prepare. Depending on age, goals, and number of dependants, retirement needs can vary from person to person. However, 20- and 30-somethings should be prepared to save much more than their parents because 77% of investment advisors suggest Gen Y-ers should aim to save $2 million for retirement, according to a survey conducted by Scottrade Advisor Services. 

While opinions may vary on what an individual will really need for a comfortable retirement, we like to use the guidelines outlined in the infographic below based on a study by Fidelity Investments. 

Check it out to learn where you are on your retirement journey, where you need to be, and how you can get there. 

 

learn how to reach your financial goals

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