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How to save $750,000 for retirement with a $35,000 salary, broken down by age

How to save $750,000 if you make $35,000 per year
How to save $750,000 if you make $35,000 per year

In this article

Most financial advisors suggest that you put 10% to 15% of your salary into savings each year.

If you aim to retire with $750,000, the percentage you need to invest each year depends on how old you are when you start to save.  

Here's a case study.

If you start to invest when you turn 25 and you save 13% of your $35,000 income, you will be saving more than $375 every month. That percentage of your salary would put you on track to retire with $750,000.

Watch this video to see a breakdown on how much a person earning $35,000 a year can save for retirement — based on the age that they begin to put money away.

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