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
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Fidelity's rules of thumb
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This weeks song:
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