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Money Girl

How Much Retirement Savings You Should Have by Age

Money Girl

Macmillan Holdings, LLC

Business, Education, How To, Entrepreneurship, Investing

4.61.9K Ratings

🗓️ 5 July 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

Laura reviews ways to calculate the retirement savings you need and exactly how much you should have by age to keep your goals on track.

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.

Money Girl is a part of Quick and Dirty Tips.

Links: 
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Transcript

Click on a timestamp to play from that location

0:00.0

Fickering out how much you should save for retirement can seem a bit daunting.

0:10.1

It can almost seem more like an art than a science, especially if you're unclear about

0:16.0

critical planning variables.

0:18.6

That's why having a benchmark for the amount to save by age can be helpful.

0:24.5

This show will cover typical sources for retirement income, how much you'll need, and what

0:30.4

savings goals you might set by age.

0:34.1

Whether you're just getting started or you've been investing for decades, keep listening

0:38.4

to ensure your retirement is on track.

0:41.7

Hey everyone, thanks for joining me this week.

0:44.6

My name is Laura Adams and I want to welcome you, especially if you're a new listener.

0:49.2

I'm a personal finance expert and author who's been hosting the Money Girl podcast since

0:53.8

2008.

0:54.8

I'm an author, as I mentioned, and my most recent title is called Money, Smart, Solo, Pranur,

1:01.0

a personal finance system for freelancers, entrepreneurs, and side hustlers.

1:05.8

It was a number one Amazon new release and I'd really encourage you to take a look at

1:11.4

this book if you're starting a business or thinking about it or just wanting to grow

1:16.0

your business and have more income this year.

1:19.9

That's one of the topics that we cover here on the show.

1:23.0

My mission is to help you get the knowledge and motivation to prioritize your finances,

1:28.0

build wealth, and have more security and less stress.

1:32.1

Every episode is like a little mini-training.

1:34.8

It's designed to help you take your financial life or even your business life to the next

...

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