By the time you reach the big 4-0, you should have a nice chunk of change put away for the future.
Experts recommend having the equivalent of three times your annual salary in the bank by 40 if you plan to retire at 67 and live a similar lifestyle, according to a recent report by financial services company Fidelity.
That's up from the amount you should have socked away by 35, which is double your salary.
And that's a lot to have saved, especially considering that few Americans are on track to reach these goals. The median amount of retirement savings for working-age families in the U.S., those ages 32 to 61, is just $5,000. Additionally, 35 percent of all adults in the U.S. have only several hundred dollars in their savings accounts and 34 percent have zero, according to a 2016 GOBankingRates survey.