Researchers at medalerthelp.org have created this infographic covering money and retirement. In it, they answer the following questions:
How long can you expect to enjoy retirement?
How much money do you really need to retire?
Will a million dollars last long enough?
What are the new retirement savings targets experts recommend?
How much money should you have saved by the time you turn 30, 40, 50, 60, and on the day you retire?
What is the “multiply by 25 rule” and the “4% retirement rule?”
What percentage of your salary should you set aside?
How does the American nest egg reality compare to the recommendations?
What are the actual retirement savings balances and contribution rates?
What are the differences between 401(k), Roth 401(k), IRA, and Roth IRA retirement plans?
What are the best places to retire in the US and overseas?
Take a look below.
