Here's How Much You Should Have Invested for Retirement at Age 40

It's never too early to start planning for retirement, but realistically speaking, it's not something everyone takes seriously in their 20s or even their 30s. But life starts changing by the time you're 40. Hopefully, things are falling into place, whether that's your career, starting a family, or anything else you're striving for.But most of all, you start thinking about the future more as you age.It's an excellent opportunity to reflect on your financial trajectory as you approach 40. According to the U.S. Bureau of Labor Statistics, the typical American worker enjoys their highest earning years from ages 45 to 54. That means you can formulate your retirement plan while your earning potential is still high enough to make it happen.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool