In response to CNBC article
Dreaming of retiring on a tropical island but your 401(k) is looking more like a kiddie pool than an ocean of opportunity? 🏖️ A recent CNBC article has dropped the financial equivalent of a bucket of cold water: the goal for those in their 50s is to have 6 times their salary saved, but the median balance is a mere $57,000. That’s not even enough to get the beach umbrella!
But hold onto your sunhats, future retirees, all is not lost. It’s never too late to turn that financial tide, and the best time to dive in is today. Need help with your backstroke? Finding a mentor, guide, or coach could be your life preserver. Aiming to save 15% or more of your income and acting consistently toward your game plan isn’t just smart; it’s your ticket to a retirement filled with sunsets and sandcastles.
So grab your financial surfboard and ride the waves to a well-funded retirement. Your future self will thank you (possibly from a beachside cabana).
