Retirement savings by age 50

In Your 50s, ideally your Nest Egg or Emergency fund now should be around 4-5 times your annual salary.
This is the time to shift your focus from equities and invest in fixed income instruments as you should not take much risk in your investments at this age as your retirement is also just 15 years away and you must be having increased medical expenses and expenses related to your child’s education, Car loan repayments, and home improvement.
If you employer company gave you stock options or other assets, you should consider those as part of your retirement funds.

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