Ask Terry Questions retirement overview

retirement overview

By Terry Savage on February 26, 2017 | Financial Planning / Retirement

My wife & I putting 100 each in a roth. I put 500 a month in my work 401. putting away 750 a month in savings. 75,000+ in savings. No credit debt. How would you rate our progress for retirement? hopefully in 11-12 yrs.

Terry Says

Let me give you a better way to calculate that!  Here is a link to Fidelity's Retirement Score Calculator (which is always available on my home page at www.terrysavage.com).  Answer six simple questions and you will get an immediate evaluation of how close you are to reaching a successful retirement, based on your age, your income, your planned spending in retirement --and your planned investments.

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