The One-Minute Test: Are Your Retirement Savings on Track?
Whether you're a few months or a few decades from retirement, everyone knows it's smart to prepare by saving and investing. But how much money should you save to have enough? While there's no crystal ball to tell you the exact amount of savings you'll need for a comfortable retirement, using age-based savings benchmarks can be a fast and easy tool to see if you're on track.
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Age-based financial benchmarks provide a quick assessment of your financial health. Benchmarks are savings goals that are tied to your age and current income.
Source: Fool.com