- by C.C.
Whether You’re Young…
More than half of millennials have less than $10,000 in the bank for retirement, according to the GOBankingRates survey. See how much you should have in your retirement fund at every age.
That’s a shame, too, because the younger you are, the greater your potential to grow your nest egg through the power of compound interest. Start saving just $200 per month at age 25, and you could have $621,735 accrued by age 65, assuming an 8 percent rate of return.