How Much Money Should You Have Saved (By Age)

How much money should you have saved and invested by your age? In this video, we will discuss some common rules of thumb that you can use to determine how much money you should have saved and invested at your specific age. Keep in mind that these are simply suggestions.

Want to grow your business? Check out Santrel Media’s YouTube Channel

DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.

I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.

(offer subject to change, some restrictions apply)

[NateOBrien]

Hi everyone. Please keep in mind that the ideas presented in this video are simply opinions. Everyone faces a different financial situation. Regardless of where you stand financially, it's important to confront any issues or struggles that you may be facing. Be sure to subscribe to the channel and leave a like on the video f you want to learn more about personal finance and financial freedom!
Thanks,
Nate

[anonguy]

10 minute video, only one ad at the very end. My man.

[tahirisaid]

*_I just turned 60, was planning to Retire Soon? BooM the Economy Crashes into Recession and High Inflation ! I guess I will keep working another yr or 2?...._*

[DanielIles]

Many CEOs became successful late in life. If you aren’t on schedule don’t give up yet!

[tharealcoyote]

I have $750 invested in my Roth IRA and I’m 18, I think it’s a decent start

[blackjag]

I wish I had met someone like you when I was younger. I am learning now. Thank you Nate!

[KevinConwayChannel]

The guy who made Grey Goose did it when he was in his 70's. Anything is possible! :)

[devonpeters]

Hey Nate, I appreciate you sharing some sound wisdom in a simple, straightforward way, yet also ensuring if someone may not have “hit the mark” doesn’t feel shame, etc but rather hope. Good video!

[Lilac]

My husband had $120, 000 saved by age 24 through nothing but hard work and saving, since the age 16. He bought our first home at the age 25, we are now renting this home out and in the process of buying a second home. We’re both turning 30 next year. It’s all about being smart with money from a very young age! 😁

[venictos]

As a 26 year old, i have about 75K saved and invested. I want to hit 100K before 30.

[Harihar_Patel]

I'm 26, I have £93, 000 invested. I'm trying my best, I want £100, 000 invested by the end of 2019.

[amolgill]

Can you make a video on investments every teenager should have ?

[kenlynch]

I would tell all newly hired staff just out of college to 1) quickly build a 3 months of salary savings ( jobs were more secure in my working days, so maybe 6 months now a day) and then 2 ) INVEST (different from saving) 15 - 20% of salary by age 25 and definitely 20% by age 30 and thereafter. With average market growth you should have a very comfortable 'nest-egg' by age 60. You can then either retire early or continue working without financial worries. You always provide excellent advice.

[cracka]

I've managed to save over $30, 000 and just turned 20. Always had an obsession to save money, now I'm just waiting for this big crash to come soon hehe

[samueljwilson]

Honestly, I love watching your videos but I'm meant to be sleeping but your vids are so motivating 😂

[TRICHOMETRIST]

ZU ZUS PETALS
"Its a wonderful life"
Reminds me of the Chinese blessing
"I HOPE YOU GET EVERYTHING YOU DESERVE "

[pokejay]

very new here, already loving the content and the way it is dished out. Thanks so much.

[canceraxe]

This is actually really good video! I never thought about this and now I have the reasons to save a penny! I’m in young twenties and been watching this kids of video and learned so much that school didn’t teach me! Thanks for bringing good info. Please bring more financial videos like this.

[gwimmer]

I like that you say “getting into the habit of saving or investing” in your early twenties. I’m in my early twenties and kinda the “financial expert” in my group of friends, so many of my friends talk to me about there situation. And I think it’s shocking to see that many people are absolutely not in the habit of saving, but rather spending every cent immediately. Not out of necessity, but because they want to consume stuff. Traveling, eating out, newest clothing trends. It’s very worrisome that some people are absolutely not trained to resist the urge to fulfill a current pleasure. “Oh, not now, I’m still young, I can start saving later”. Really? I think that social media plays a big role in this, because it basically shows people mostly doing stuff that costs money, so one might just think “if they are splurging on this, I can do it as well”. This leads to many well off middle class college kids, that spend enormous amounts of money on consumption without even realizing it, or even believing that they don’t consume, but rather spend their money on experiences. Not noticing of corse that a vacation to south east Asia, a place they had no reason to go other than pleasure, is the purest form of consumption you can think of. I’m actually thinking about writing a book about this...

[sanoski]

Another great video! A question like this is a hard one to answer, but I think you presented the goals and set up very well!