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  1. M

    How to plan for aging Mom's retirement

    @fooldani Unfortunately, retirement is a financial condition, not an age. Quite frankly she can’t afford to retire before 70 at this rate.
  2. M

    I should 1.5x my income in 401k by age 35…?

    @benedix It’s perfectly reasonable and guess what, saving more lets you see more retirement years because you get to retire earlier. Retirement is not an age. Retirement is a financial condition. If you want to replace 80% of your pre-retirement income at age 65, then you need to be saving 25%...
  3. M

    I should 1.5x my income in 401k by age 35…?

    @vixen8 Yes 25% across all vehicles so long as funds are meant for retirement. OP is currently living a lifestyle they can’t afford.
  4. M

    I should 1.5x my income in 401k by age 35…?

    @jasonrporter0316 You are undersaving. The floor that you should be putting away for retirement is 15%. You should be targeting 25%. If you can't then your lifestyle is too expensive. Contrary to what most people think, the more you make the higher your savings rate needs to be because social...
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