3 Paths to Optimal Retirement Savings, Based on Your Salary
No matter how much money you make, you need to save some of it for retirement. Social Security alone replaces only around 40% of pre-retirement earnings, which isn't sufficient when experts recommend replacing at least 80%. While it may be hard to invest for the future, doing so is crucial to avoid a major financial shortfall as a retiree.
Fortunately, three Motley Fool retirement experts have suggestions for optimizing your retirement savings regardless of your income level. Here are three paths to building the nest egg you'll need for your later years, depending on how much you earn.
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Source Fool.com
