“How much money should I have saved by age 35?”
Reading Time: < 1 minute Here’s this month’s New Jersey personal finance question: “I’m 35 years old. How much should I be saving?” According to the Federal Reserve, the average amount of retirement savings for someone ages 35-44 is $141,520 (2023). Saving money is hard and can be frustrating, but we caution against “doom spending,” or using small amounts of savings […]
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