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If youre like most people, the answer is probably yes.
Here are some of the survey results as well assome money moves you to make them happen.
And some people simply dont want all of these things.
However, here are the best ages to achieve the following four milestones based on the Pew survey.
Retiring
About a third (34%) of U.S. adults said theres no best retirement age.
But whatever that might be, here are some money moves to make these goals happen.
Save, Save, Save
Start saving early.
But dont just put your money anywhere.Use a high-yield savings accountor money market account.
The higher the APY, the more your savings can compound and grow.
Invest
Any money you dont need right away can be put into investments.
Before you get started, ask yourself the following questions.
There are plenty of ways to invest.
you could get started with index funds, mutual funds, bonds, individual stocks or fixed annuities.
Or you could dive into other options, like crypto or real estate.
Weigh the risks and dont be afraid to ask for help.
Pay Off Debt
Debt is a killer on your savings.
The average credit card interest rate is 24.23%, perLendingTree.
The average rate on a 30-year fixed-rate mortgage is 6.62%, perFreddie Mac.
Getting rid of that debt and fast can free up a lot of cash.
Prioritize Retirement
If you want to retire one day and who doesnt?
youll want to prioritize that now.
When it comes to retiring, start planning today!
Here are a few ways to get started.
Make a Plan
Part of achieving those milestones is having a clear plan in mind.
I ALWAYS know my numbers and I built an emergency fund early on.
But you could also go it alone if you feel comfortable.
Start by asking yourself what youre trying to do and why.
When was the last time you took a day to just think about what you are doing everything for?
said Kevin Quinn, president and founding attorney ofLegacy Counsellorsand the My Family My Wealth program.
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