re: Money in savings at different ages

quote:

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Your salary times your age divided by 20 should be your goal until your are 35, then the divisible factor should be 10, then at 50, the factor should be 5.

25 year old making $30,000 = $37,500 goal
35 year old making $60,000 = $210,000 goal
50 year old making $80,000 = $800,000 goal

This is all savings vehicles, including retirement accounts

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