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$1 Million by Retirement: How Much Should I Save or Invest at Ages 30, 40 or 50?

Whether you're 30, 40 or 50 years old, how much do you need to save or invest to hit a $1 million retirement goal? Anna Manukyan explains.

by Staff
August 21, 2024
$1 Million by Retirement: How Much Should I Save or Invest at Ages 30, 40 or 50?

 

1 min to read


Scenario: It's your first time planning financially for retirement. Whether you're 30, 40 or 50 years old, how much do you need to save or invest to hit a $1 million retirement goal?

The older you are, the more aggressive you'll have to get with your strategy. Luckily we have Anna Manukyan, certified financial educator and Ulta Beauty's Senior Director of Education and Creative. In the below video, Manukyan explains how much you'll need to save or invest at each age group to reach that goal.

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