Financial Planning by Decade

What is the median net worth of someone in their 20s?

• $75,000

• $6,998

• $186,000

• $99,272

By the end of your 20s, how much should you have saved for retirement according to Fidelity?

• 4x your salary

• 3x your salary

• 1x your salary

• 2x your salary

In your 30s, what percentage of your gross income should you aim to save and invest?

• 5-10%

• 10-15%

• 15-20%

• 20-25%

What is a key financial goal to achieve by the end of your 30s?

• Be completely out of debt, excluding mortgage

• Retire early

• Have a paid-off house

• Start a new career

What is the recommended savings target by the end of your 40s?

• 5x your salary

• 4x your salary

• 7x your salary

• 6x your salary

In your 40s, what should you have in mind regarding retirement?

• A specific retirement number

• A new investment strategy

• A new career path

• A plan to travel the world

By the end of your 50s, how many times your salary should you have saved for retirement?

• 9x

• 8x

• 7x

• 6x

What is a major financial goal in your 50s?

• Buy a second home

• Pay off your mortgage

• Retire early

• Start a new business

By the age of 60, what is the minimum multiple of your salary you should aim to have saved for retirement?

• 12x

• 10x

• 8x

• 15x

What is a key financial goal in your 60s?

• Travel the world

• Invest in high-risk stocks

• Have a paid-off house

• Start a new career