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How much should you save by each age?

The internet is full of videos with people telling you that you need X amount saved by a certain age.... I think these videos are depressing!!! So today we will explore the national averages and expert wisdom to figure out if there is a correct amount to save and have saved by each age that will not send us under.

We will look at:
The national average saving rate for each age
The average amount each age group have saved
What the experts say we should have saved
What I think is the approach.

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UK Savings study
https://www.nimblefins.co.uk/savings-accounts/average-household-savings-uk

Fidelity's rules of thumb
https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire#:~:text=Fidelity's%20rule%20of%20thumb%3A%20Aim,hope%20to%20have%20in%20retirement.

This weeks song:
https://www.youtube.com/watch?v=8vLyYcLVWCM

Видео How much should you save by each age? канала Damien Talks Money
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14 октября 2021 г. 0:26:12
00:09:01
Яндекс.Метрика