GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
Despite expecting to need $990,000 to retire comfortably, they have only $120,300 saved, on average.
According to the study, the average age at which people say they started saving for retirement is 31.
This is essentially free money added to your retirement savings.
Diversifying your portfolio, for example, can help reducerisk and increase returns.
Investing is often a very individual matter, and getting the right professional advice can make all the difference.
check that you look at bigger expenses, too.
More From GOBankingRates
Share This Article:
The Latest inRetirement
