Reported 29 days ago
At 40, a couple feels behind in retirement savings with only $50K saved, while their peers have significantly more. The article discusses the importance of having three times one’s annual salary saved by this age and offers practical steps to boost retirement funds, such as maximizing 401(k) contributions, considering IRAs, and establishing high-yield savings accounts. It emphasizes managing debt and expenses as a means to enhance savings efforts.
Source: YAHOO