I'm
nowhere near retirement and the amount that I'm talking about is less than $ 5000.
Not exact matches
Studies show most Americans have
nowhere near the savings they should have as they approach
retirement.
I've not yet had a chance to read the whole book, but in his presentation he sounded the familiar refrain that Americans are saving
nowhere near enough to fund a comfortable
retirement.
Given you have a DB pension, you may have a fairly high income in
retirement as well, but likely
nowhere near what your income is now.
At the same time, someone saving during a bear market who is
nowhere near reaching a traditional wealth accumulation goal may have given up saving or needlessly delayed their
retirement, when it is precisely such individuals who could have enjoyed higher withdrawal rates and, therefore, less accumulated wealth.
«Yet despite upward adjustments in perceptions of what constitutes an adequate nest egg, the vast majority of employees are
nowhere near reaching their goals — 75 per cent say they have put aside less than a quarter of what they will need in
retirement up, from an average of 73 per cent over the past three years,» the association said.