Are you unsure of whether or not you're saving enough for retirement? Well, I've got good news: Fidelity Investments just released age-related retirement saving guidelines.
According to the group, you should have your annual salary saved by the time you're 35. By age 45, you should have three times your annual salary saved.
By 55, you should have five times your annual salary in a retirement portfolio. And by the time you turn 65, you should have eight times your salary ready for your retirement.
Does this sound like a tall order? Read more about it in my latest article, Retirement Savings by the Decade.
Source: Time MoneylandSource: http://budgeting.about.com/b/2012/09/27/age-based-retirement-saving-guidelines.htm
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