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0.000996594967195453 0.00186861556349148 0.000332198322398524 0.00124574370899432 0.00423552861058056 0.00522880159455204 0.00278216095008727 0.00323893364338522
Stock impact report

5 Ways You're Starving Your Retirement Savings [Yahoo! Finance]

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Yahoo! Finance
A recent report from Prudential Financial found that 55-year-olds have median retirement savings of less than $50,000, which is “significantly short” of the recommended goal of having eight times your annual income saved by this age. One-fifth of U.S. adults ages 50 and older have no retirement savings, according to an AARP survey , while more than half (61%) are worried they won't have enough money to support themselves in retirement. If you're way behind on what experts recommend you put away for your golden years, there are likely several reasons for that. Here are five ways you might be starving your retirement savings. Not Setting Aside Enough Money One of the biggest obstacles to building an adequate nest egg is treating retirement savings as a discretionary expenditure instead of an essential one. Retirement savings should be considered a regular budget item — right alongside housing, utilities and groceries. A blog from T. Rowe Price recommends saving 15% of your inc Show less Read more
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