
I'm 50-Something. Do I Have Enough Saved in My 401(k)?
ArticlesThe answer almost always includes, “It depends.”
No definitive sum works for everyone because each situation is unique. Your current income and expenses might be your starting point - you may need more or less after retirement. To calculate a sum appropriate for you, first figure out how much you’ll need each year to maintain the lifestyle you’d like to have.
In my latest Nasdaq article, I discuss the 4% rule. Want to learn more? DM for the link to the article.
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