How to invest for retirement in your 40s.

If you are looking to invest for retirement and you are about 40 then we have some numbers for you! Here is a breakdown of exactly how much you would need to invest in a Roth IRA if you are age 40.

Investing for retirement gets more and more difficult the more you age so its important that you start your savings plan early.

Our retirement investment plan today will include inflation as well as post retirement income and growth expectations. Keep in mind that the longer you wait to invest for retirement the more money you need to save. Time is on your side and every investment dollar counts.

We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments and, using NestEgg we can help you with every penny!

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[NicholasBall]

It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

[freedomisEexpensive-]

The pandemic has shown us just how quickly decades of planning, investing and saving can be completely upended. This could mean your current financial plan might leave you without enough money to last your retirement. A recent Vanguard study found that, on average, a hypothetical $500K investment would grow to over $3.4 million under the care of an advisor over 25 years, whereas the expected value from self-management would be $1.69 million, or 50% less.

[paigehuston]

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly basis via my investment and got 5 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!
Very inspiring! I love this.

[charlesbeckham]

I ponder on how my retirement experience would generally feel like because I've not yet been able to save enough money and according to my spreadsheet, I am few years closer to my retirement schedule

[linnesonreddy]

Instead of teaching us the cube root of pi they should be teaching this stuff in schools

[bendossantos]

I am 8 years old and want to start investing so I could retire by the time I am 21.

[jimmyjoseph]

I’m 35 and I have 100k in my retirement save now 22%

[Sean-jbgi]

Started at 19 with my 401K but really got serious at 24/25 and im 33 now and want to go back in time and thank the 24 year old version of mayself

[eclecticemissary]

I'm 26 and about to pay off all student loan and car debt with about 30k in retirement accounts (401k, Roth IRA). plan on investing 65% of income into index funds and also real estate to retire by 35.

[johngalt]

I'm 40. I add $1000 a week to my retirement. Next year, $1350 a week. At 50, I'm buying a sailboat and leaving the USA. Imo, people have spending problems.

[Buggen-Out-Yo]

I’m 47 and have 25k in credit card debt just started a 401k save nothing before lost money in 08 gave up on saving. What do I need to put away for retirement a month in 401k and still pay my credit card debt

[katovomkozies]

To all the youmg savers out there....I'm 37 with $470k in 401k & Roths...Another $120k in brokerage account...Honestly wasnt difficult at all (25% of my pay into index funds, thats it). I plan to stop working at 50...Just get going and trust in the process

[stanley]

Age 27 with 57k in retirement (both individual 401k and IRA)

[LK-rdxx]

I'm 39 and just started my 401k. My company matches 8% so I'm understanding I need another $350 a month in a Roth IRA? Currently only about $130 per check goes to my 401k. This video is very helpful thank you

[DarrinSK]

What if you're 40 and have nothing and are just starting?... time to go after more aggressive investments?

[travelsquadd]

I'm gonna hope I lived a good life and dead by retirement (67)😳😳I see so many old people who cant retire...smh...its my fault, I'm 38 and been told to invest in a roth... I like most...dont have the funds

[fraliexb]

I'm 39 y/o. No prior 401k saved. I just began working for a company with 401k with a match of 50% up to 6%. Not qualified for it yet but next month I'll be eligible. Planning on doing 10% investing on it. I just began a Roth IRA with you all this week. Planning on depositing $200 per check (biweekly) in to it. Fingers crossed for retirement. Lol

[jenniferheredia]

I just subscribed to your channel and I must say I love your videos, I am in my late 30's and I don't have a 401k. Can you do a video for a person starting from scratch?

[toddstrong]

How about 50? I'm 47 now so I'd be interested how much I need to save in the near future!

[evelisbin]

Hi. 39 here. Would love some investment advice!