How much money should you have in your retirement account based on your current age?

Your current salary can be used to estimate how much money you will need to retire.

According to a benchmark list compiled by Fidelity, people should retire on around ten times their current income.

The amount of money you will need will need to be adjusted to fund your desired lifestyle, but using these numbers as a guide should help you retire in comfort.

Watch the video to learn how much you should have for retirement at the age of 30, 40, 50 and beyond.

More from Invest in You:
How do I explain the stock market vs. the economy
The power of compounding can help you keep doubling your money
Volatility shouldn’t scare you – even near retirement

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

Comments are closed.