How Much Money to Save at Every Age

This week, Sim breaks down exactly how much you should have saved at each decade to hit a comfortable retirement, from 1 to 2 months of expenses in your 20s to 1x your salary in your 30s, 3x in your 40s, 6x in your 50s, and 8x in your 60s on the way to 10x by age 67. She explains why these benchmarks work no matter your income and how lifestyle creep can derail progress if you are not careful. You will get simple, actionable steps like grabbing your employer match, automating weekly investments into broad index funds, and using separate accounts so you can stay consistent without overthinking it. Watch the episode on Youtube here For more Friends That Invest: Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training. Instagram TikTok Twitter Facebook Hosted on Acast. See acast.com/privacy for more information.