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How Much Retirement Savings You Should Have by Age

Money Girl

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How Much Do You Need to Retire?

Most people need to accumulate at least 10 times their average annual income. To grow your savings as quickly as possible, I always recommend that you want to regularly invest at least 10 to 15% of your gross income in a tax advantage account. And if you're a young investor with decades to go before retirement, I want you to consider purchasing mostly stock funds and not individual stocks.

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