Did you know that over half of people with jobs, about 56%, are questioning their retirement savings? They’re wondering if it’s enough. Bankrate did some digging and found out that 37% really believe they’re missing the mark. Some even think they need a million dollars to kick back and relax in retirement.
So, why the worry? Many folks are making saving goals based on tips they see online. There’s advice like: “by age 35, save up double what you earned in your first job” or “by retirement, save 10 times your average yearly pay.”
