“While respondents (whose ages ranged from 20 to 80) had median savings of only $25,000, their median retirement savings goal was $350,000. And 30% of people in their 60s — right around the traditional retirement age of 65 — that were surveyed had saved less than $25,000 for retirement. “
That quote scared me. 30% had less than $25,000!?! I can't even imagine how these people feel.
When do you think you'll retire? Do you plan on working a part-time job/gig while you're in retirement?
I'm sure that I'll be doing something, as I like to keep busy. I'd like to run my own non-profit or be heavily involved with a good animal shelter. I won't be retiring for a REALLY long time, so it's a little crazy to think about because it just seems so far away.