Have you ever wondered:\u00a0\u201cAm I really saving enough for retirement?\u201d<\/em><\/strong><\/span><\/p>\n

Do you wonder how your retirement savings compare with others your age?<\/span><\/p>\n

\n
• The average person in their\u00a0twenties<\/em><\/strong>\u00a0has around\u00a0$16,000<\/strong>\u00a0in retirement savings.<\/span><\/li>\n
• The average person in their\u00a0thirties<\/em><\/strong>\u00a0has saved about\u00a0$45,000<\/strong>.<\/span><\/li>\n
• Americans in their\u00a0forties<\/em><\/strong>\u00a0have median retirement savings of around\u00a0$63,000<\/strong>.<\/span><\/li>\n
• Americans in their\u00a0fifties<\/em><\/strong>\u00a0have median retirement savings of about\u00a0$117,000<\/strong>.<\/span><\/li>\n
• Americans in their\u00a0sixties<\/em><\/strong>\u00a0have median retirement savings of approximately\u00a0$172,000<\/strong>.1<\/sup><\/span><\/li>\n<\/ul>\n

  You may have saved much more\u2014but have you really saved enough?<\/span><\/h4>\n

  You may need to save more for retirement than you realize.<\/strong>\u00a0It is very common for people to underestimate their retirement savings and retirement income needs.<\/span><\/p>\n

  It does not matter if you are retiring in 5 years or 35 years…<\/span><\/h3>\n

  Whether you are 5 years or 35 years away from retiring<\/strong>, you need to be confident<\/strong> that you are doing the right things for financial future\u2014saving enough, investing what you save in a way that is appropriate for you, and managing risks to your savings.<\/span><\/p>\n

  Now is a great time to check and see if you are on track toward your retirement savings goal. If anything about your retirement saving or investing strategy needs adjusting, is it better to plan those adjustments now than to regret not making them<\/em> later.<\/span><\/p>\n

   <\/p>\n

  Be sure to speak with a professional Retirement Planner to ensure you are choosing the best strategy for your personal situation and goals. If you have questions about structuring your golden years, please contact me today!<\/span><\/p>\n

   <\/p>\n

  <\/a>Damian J. Sylvia<\/span>
  \n Retirement Income Solutions<\/span>
  \n Office: 732-508-6044<\/span>
  \n Direct: 732-284-0902<\/span>
  \n Email: Damian@MyFinancialSolution.org<\/a><\/span>
  \n Website: RetirementSolutionsNJ.com<\/a><\/span><\/p>\n

   <\/p>\n

  Citations:<\/em><\/strong><\/span><\/p>\n

  [1] investopedia.com\/articles\/personal-finance\/011216\/average-retirement-savings-age-2016.asp<\/a>\u00a0[12\/8\/16]<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

  Have you ever wondered:\u00a0\u201cAm I really saving enough for retirement?\u201d Do you wonder how your retirement savings compare with others your age? The average person in their\u00a0twenties\u00a0has around\u00a0$16,000\u00a0in retirement savings. The average person in their\u00a0thirties\u00a0has saved about\u00a0$45,000. Americans in their\u00a0forties\u00a0have median retirement savings of around\u00a0$63,000. Americans in their\u00a0fifties\u00a0have median retirement savings of about\u00a0$117,000. Americans in […]<\/p>\n","protected":false},"author":1,"featured_media":248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,27],"class_list":["post-246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retirement","tag-retirement-planning","tag-retirement-savings"],"yoast_head":"\n