The Most Important Retirement Table You'll Ever See
The message isn't new: Saving for retirement is important. Yet most people still have a long way to prepare for their post-working years. The median person in their 50s has just $82,000 saved for retirement. That's a concerning statistic, considering how much living expenses have risen in recent years and may increase over the next 10 to 15 years.
I get it; life is hard. This Motley Fool writer is in his 30s, raising young children and grappling with rising bills. Still, retirement planning remains a priority that you can't toss aside. The good news for those my age, those younger than me, and those in their 40s and 50s is that it's not too late to make a big difference between now and your eventual retirement.
Some people put off retirement planning because they believe they can do it later in life or feel like they'll never retire, so they don't bother trying to save.
Source Fool.com
