5 Ways To Make Sure You’re On Track
Jamie Bosse, CFP® provided GoBankingRates.com a general rule of thumb for knowing when someone is on track with their retirement savings…but as always there is no guarantee because everyone’s situation is different.
“Someone who has four times their annual income in retirement savings by age 50 is on track financially for retirement,” said Jamie Bosse, principal wealth manager at Aspyre Wealth.
Everyone’s financial situation is unique. While checkpoints provide a foundation for assessing your retirement readiness, the application can vary depending on your circumstances, the cost of living in your area and your lifestyle choices.