A Visual Guide to Retirement Savings by Age: 7 Tips and Tricks

The sad state of retirement savings

Almost two-thirds of those in their 40s have less than $100,000 in retirement savings, while 28% of those in their 60s have under $50,000 in retirement savings.

References:

https://www.cnbc.com/select/savings-by-age/

https://www.indeed.com/hire/c/info/smart-goals?gclid=Cj0KCQiAt66eBhCnARIsAKf3ZNGRe9O5nD22SYVXH2IefXv0zzx4cLzuZmwkYQGIy_R6pWPptrdwWW0aAmDWEALw_wcB&aceid=&gclsrc=aw.ds

https://www.sensibleportfolios.com/blogs/how-compound-interest-works-and-its-incredible-impact

https://www.cnbc.com/select/savings-by-age-30/

https://www.cnbc.com/select/savings-by-age-40/

https://www.cnbc.com/select/savings-by-age-50/

https://www.cnbc.com/select/savings-by-age-60/

https://www.healthcare.gov/glossary/health-savings-account-hsa/

https://www.forbes.com/sites/forbesmoneyteam/2021/09/13/what-you-need-to-know-about-retirement-accounts/?sh=5107ecea2e83

https://www.ssa.gov/prepare/plan-retirement

https://www.sensibleportfolios.com/blogs/how-to-optimize-social-security-benefits

https://www.ssa.gov/prepare/plan-retirement

https://www.finra.org/investors/learn-to-invest/types-investments/retirement/managing-retirement-income/taxation-retirement-income#:~:text=You%20have%20to%20pay%20income,you%20have%20left%20to%20spend.

https://www.blackrock.com/us/individual/education/retirement/tax-implications

https://www.schwab.com/ira/roth-ira/contribution-limits#:~:text=If%20you%20file%20taxes%20as,%24228%2C000%20for%20tax%20year%202023.

https://www.personalcapital.com/blog/retirement-planning/top-states-to-retire/?utm_medium=cpc&utm_source=google&utm_campaign=pcc_us_ggl_sem_dsa_des_all_all_all_all&utm_content=retirement-planner&utm_device=c&gclid=Cj0KCQiAt66eBhCnARIsAKf3ZNE4W1nJ9T7gwErP0fgvqBaLW7yY3jvbLAS7Hc4WRw0l-6W5G1KMGIkaAvolEALw_wcB&gclsrc=aw.ds#beststatestoretire

https://www.sensibleportfolios.com/services