Many believe they do not earn enough to save adequately. According to official data, American households’ average yearly pre-tax income is $87,432. Extend this over 30 years, and you can understand why, based on current income levels, some experts recommend saving at least $1.5 million for retirement.
Tag: Asset Allocation
What You Should Understand About Asset Allocation
Asset allocation seeks to diversify your retirement account by distributing it among equities, bonds, and cash.
To grow wealth and accomplish retirement objectives, consider these five asset allocation tips.