July 9, 2019

15 Ugly Truths About Retirement

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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.

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