50s & 60s: Pre-Retirement
This is an empowering time. It is also a time of transition. You’re well-established in your career, you have a good handle on your financial responsibilities, and you’ve accomplished many goals. However, from a financial standpoint, one of your most important goals is still on the horizon: your retirement. It is all the more important that you manage your money, invest for your future, control your taxes, and plan your legacy as retirement nears.
- Age 50 Savings Goal: Retirement Savings should be 5.2% of annual salary
- Age 50 Annual Retirement Savings: 15% of annual income
(includes all deferrals, employer match, and profit sharing)
Investment products: Not FDIC Insured - No Bank Guarantee - May Lose Value.