ilmscore | How Much Money You Actually Should Have Saved By Age (2024)

How Much Money You Actually Should Have Saved By Age (2024)

Published: 2024-05-20
Status: Available | Analyzed

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Topic
Status
An individual saving 3x their $62,000 salary by age 40 and investing it is projected to accumulate $2.1 million by age 67.
"by doing so and using a retirement calculator from NerdWallet here we can assume with Investments that you should be able to get to $211 Million by the time you're the age of 67 which is pretty darn good in my opinion"
Retirement Savings
Pending
An individual consistently investing $5,000 per year starting at age 25 is projected to have $162,000 in investments by age 40.
"for example if you start investing $5,000 per year at the age of 25 by the time you are age 40 so you're not even in the 40s just yet you are just age 40 your investment will be $162,000"
Investment Growth
Pending