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Saving
rates
Planning your financial goals require
commitment of a saving rate that will insure
you have enough to achieve your goals. Work
with your advisor to ensure you have the
savings rates needed along with asset
protection strategies in place for all the
hard saved monies already in place.
Want
to double your retirement savings then
double your input. Americans are not the
best at saving look at chart. Counting on
the money manager is an option but
increasing your saving rate and spreading
the savings into separate investment
vehicles or money managers can be useful as
well.
In
2009, the EBRI published a report that
listed the average retirement savings for
Americans by household. Of those surveyed,
Americans ages 55 to 64 had the most money
saved for retirement, averaging just over
$69,000 per person. Not surprisingly,
Americans under age 35 had the least money
saved for retirement, with just $6,306 on
average per person.
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