{"id":8553,"date":"2022-06-29T15:52:03","date_gmt":"2022-06-29T14:52:03","guid":{"rendered":"https:\/\/www.2020financial.co.uk\/?p=8553"},"modified":"2023-08-03T12:40:47","modified_gmt":"2023-08-03T11:40:47","slug":"recommended-retirement-savings-by-age","status":"publish","type":"post","link":"https:\/\/www.2020financial.co.uk\/recommended-retirement-savings-by-age\/","title":{"rendered":"Recommended retirement savings by age"},"content":{"rendered":"\n
Typically a comfortable retirement is one that allows you to maintain your pre-retirement lifestyle in retirement, so an expert study<\/a> has set out recommended retirement savings by age based on your annual salary.<\/p>\n\n\n\n As a rule of thumb, you should aim to save 10x your salary by the time you reach state retirement age. To stay on track with your retirement savings it\u2019s recommended to have saved at least 1 x your salary by the age of 30, 3 x your salary by 40, 6 x your salary by age 50 and 8 x your salary by age 60.<\/strong><\/p>\n\n\n\n