Here's how much you need to save every month to earn $65,000 per year in interest for retirement

Here's how much you need to save every month to earn $65,000 per year in interest for retirement - TL;DR CNBC

Here's how much you need to save every month to earn $65,000 per year in interest for retirement

Publishing timestamp: 2023-02-07 08:00:01

Summary

NerdWallet has crunched the numbers to determine how much you need to save now to get $65000 every year in retirement without taking a bite out of your principal. The numbers assume you will retire at age 65 and that you currently have no money in savings. The video above provides more information.

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Keywords: millennials, retirement planning, investment strategy, generation y, exchange-traded funds, nerdwallet inc, business news, personal saving, personal finance,

Source: https://www.cnbc.com/2023/02/07/how-much-savings-you-need-for-65000-a-year-in-interest-at-retirement.html