Saving 10% vs. 20% vs. 15% — Here's What Retirement REALLY Looks Like

An individual following the specified income path (starting at $45k, 2% annual increase to $80k, then plateau) and saving 10% of their income is projected to accumulate $1.23 million in investments by age 65.

An individual following the specified income path (starting at $45k, 2% annual increase to $80k, then plateau) and saving 15% of their income is projected to accumulate $1.8 million in investments by age 65.

An individual following the specified income path (starting at $45k, 2% annual increase to $80k, then plateau) and saving 20% of their income is projected to accumulate nearly $2.5 million in investments by age 65.

Under a hypothetical income path (starting at $45,000/year, 2% annual raise to $80,000/year, then plateau), an individual saving 10% of their income is predicted to accumulate $1.23 million in investments by age 65.

Under a hypothetical income path (starting at $45,000/year, 2% annual raise to $80,000/year, then plateau), an individual saving 15% of their income is predicted to accumulate $1.8 million in investments by age 65.

Under a hypothetical income path (starting at $45,000/year, 2% annual raise to $80,000/year, then plateau), an individual saving 20% of their income is predicted to accumulate nearly $2.5 million in investments by age 65.