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How Much to Save for a Secure Retirement (November 2011)

Publisher: 
Center for Retirement Research at Boston College
Author: 
Alicia H. Munnell, Francesca Golub-Sass, and Anthony Webb*
Date published: 
15 November, 2011
Region: 
United States of America
Publication type: 
policy

Report: How Much to Save for a Secure Retirement (November 2011)

Consult this simple model to estimate what percent of earnings an individual must save to ensure a financially secure retirement. Much depends on when the worker starts saving, when he or she retires, and how much is invested in retirement savings. Those who start saving early and work longer tend to save more than those who earn higher returns on investments.

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