Here's What It Takes to Save $2 Million By Retirement Age
The survey, conducted in June by Charles Schwab, found that the average American defines "wealthy" as having a net worth of at least $2 million -- down from $2.6 million when the survey was first conducted back in January. If you wanted to retire wealthy, then, you could set a goal to save at least $2 million by retirement age. The sooner you begin contributing to your retirement fund, the less you'll need to save each month to reach your goals.
