Often, many of life’s biggest milestones occur during these years; whether it is having children, buying a home, putting a child through college, or dealing with aging parents. All of these events must be juggled while trying to gain momentum professionally and excel in your career. All of these demands, during what should be peak earning years, can certainly impact your retirement nest egg and quality of life. At this stage in life you need to keep your eye on retirement, and pay down debt.

• Age 40 Saving Goal: Retirement Savings should be 2.4% of annual salary
• Age 40 Annual Retirement Saving: 15% of annual income
  (includes all deferrals, employer match, and profit sharing)