Here's How Much You Should Have Invested for Retirement at Age 67

The average retirement age in the U.S. -- ranging from 60 to 62 -- has held relatively steady since 2012, according to a study from Gallup and MassMutual. The average retirement age in 2023 was 62.But people are now working longer than they used to, and it is not at all unusual for them to work well into their 70s.Contrary to popular belief, there is no right amount to save for retirement. Money is not everything, and plenty of people live very fulfilling lives on a limited budget. But it's never a bad idea to plan or simply assess your current financial situation and see if you are on a good path when thinking about retirement. Here's how much money you should have invested for retirement at age 67.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool