Don't Miss These 7 Major Retirement Planning Milestones
Radio speaker Earl Nightingale said, "All you need is the plan, the road map, and the courage to press on to your destination." Nightingale wasn't talking about retirement planning, but he may as well have been. Despite the trouble Americans have saving for retirement, the actual milestones to get there are fairly straightforward.
The shortfall of retirement savings in the U.S. is well documented. In 2019, a retirement model developed by EBRI projected that 40.6% of U.S. households with a head of household aged between 35 and 64 will run out of money in retirement. The same model determined that the aggregate retirement shortfall is about $3.83 trillion.
Source Fool.com
