Do You Really Need 10X Your Salary Saved by Retirement, or Is That Just a Myth?
Yahoo Finance·2025-11-04 10:18
Key Points Fidelity recommends having 10 times your salary saved in time for retirement. A nest egg that large could buy you a pretty comfortable lifestyle. Before you follow that rule, think about your personal needs. The $23,760 Social Security bonus most retirees completely overlook › Saving for retirement is something a lot of people don't manage to do. And there's a reason for that. Life has a way of being expensive. By the time you're done paying the mortgage, stocking the fridge, and putt ...