How Much Should Retirees Have Invested by Age 67?

What's your magic number? That is to say, how much do you need to retire? And for that matter, when will you need it? These are questions investors have been asking themselves for decades, ever since retirement savings accounts displaced pensions and Social Security as most people's primary source of retirement income.There's no absolute right answer, of course, since everyone's needs are different. Some people would be fine with less. Others will want more.Nevertheless, there's a basic rule of thumb that will help you determine your ballpark number.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool