\n
YOUR RETIREMENT SCORE

FROM FIDELITYVOICE

\n What is this?\n

\n
\n
Forbes allows marketers to connect directly with the Forbes audience by enabling them to create content – and participate in the conversation – on the Forbes digital publishing platform. Each is produced by the marketer. More on here, or contact us at brandvoice.com.\n

\n Opinions expressed by Forbes Contributors are their own.
\n


\n\n\n\n
\n
\n
\n

\n Know Where You Stand
for Retirement in 60 Seconds\n

\n

\n Answer 6 simple questions to get your score and additional steps to consider.\n

\n LAUNCH HERE
\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58950e64e644b":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58950e64e644b","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n

If You're

\n

KEEPING PACE

\n

You might match a few of these descriptions




\n

CLICK FOR A RELATED TIP

\n
\n \n
\n

You have multiple financial goals, from home ownership to travel plans

\n
\n
\n

Try opening a separate savings account for each one. It can be a clearer way to track your progress.

\n
\n
\n\n
\n

You've been consistently saving in a 401(k) and want to look at stocks, too

\n
\n
\n

Consider index funds and target-date funds, which tend to be less expensive and easier to automate.

\n
\n
\n\n
\n

You're actively negotiating raises and bonuses

\n
\n
\n

As you earn more, you can afford to save a higher percentage of your income. Aim for a 2% increase with each raise.

\n
\n
\n \n
\n

You have dependents relying on your income

\n
\n
\n

Investing in life insurance and disability insurance will give you an important safety net.

\n
\n
\n \n \n
\n \n
\n
\n \n

FAQ

\n


\n

\n Just because you're on track doesn't mean you don't have questions. See what Storjohann's clients ask about most, and what advice she usually offers.


\n
\n\n SEE FAQ HERE\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_5898fd95b4d9f":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_5898fd95b4d9f","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n \n

SECTION 03

\n
\n
\n

EXCEEDING

\n

GOALS

\n
\n
\n

Congratulations — you're ahead of pace. However, even high achievers like you can benefit from consistent evaluation and modification.

\n
\n
\n \n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a1f36b35659":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a1f36b35659","panel":"custom_html","contentPositions":[{"position":1,"description":"
DATA BRIEF
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_589cdd983dab2":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_589cdd983dab2","panel":"custom_html","contentPositions":[{"position":1,"description":"
CATCHING UP

FROM FIDELITYVOICE

","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58ac5ec8bf62c":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58ac5ec8bf62c","panel":"custom_html","contentPositions":[{"position":1,"description":"
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a76b808164a":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a76b808164a","panel":"custom_html","contentPositions":[{"position":1,"description":"
DATA BRIEF
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_5898ae3e08733":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_5898ae3e08733","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n

\n

Meet Your Expert



\n

MARY BETH STORJOHANN


\n

Certified financial planner and founder of Workable Wealth, a financial planning firm in San Diego.

She focuses on professional and entrepreneurial women, young couples and military families.\n

\nHer book, Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money, aims to guide readers through the stress that often surrounds personal finance.

\n


\n \n
\n
\n \n

FAQ

\n


\n

\n Just because you're on track doesn't mean you don't have questions. See what Storjohann's clients ask about most, and what advice she usually offers.


\n
\n\n SEE FAQ HERE\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_589cde8b09b0c":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_589cde8b09b0c","panel":"custom_html","contentPositions":[{"position":1,"description":"
ON TRACK

FROM FIDELITYVOICE

","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a20ff6ca955":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a20ff6ca955","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
AGE
\n
SAVE THIS MUCH OF YOUR SALARY
\n
\n
35
2X
\n
\n
45
4X
\n
\n
60
8X
\n
\n
\n\n","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a1fa37b54ac":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a1fa37b54ac","panel":"custom_html","contentPositions":[{"position":1,"description":"
Explore the following categories to get your retirement checkup:
\n\n
\n

OFF TRACK

\n

KEEPING PACE

\n

EXCEEDING GOALS

\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_589cd037e236a":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_589cd037e236a","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n

Just 1% More Can Make A Big Difference\n

\n
\n
\n


The retirement savings mountain might appear imposing from a distance, but the climb isn't as steep as it looks. Small steps can turn into big strides.

Jeanne Thompson, senior vice president of retirement insights at Fidelity


\n

\n
\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_589cdfa5e1e0d":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_589cdfa5e1e0d","panel":"custom_html","contentPositions":[{"position":1,"description":"
ALL STAR

FROM FIDELITYVOICE

","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a1f66729434":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a1f66729434","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n
\n
\n Building a retirement portfolio is a lifelong practice.

\n For some, the requisite good habits come easily. For most, that discipline is a challenge. And nearly everyone can stand to upgrade their strategies.\n
\n
\n\n
\n
\n
\n
\n
21%
of American workers are very confident they will have enough money to live comfortably throughout their retirement


\n
74%
however, report they are highly anxious about their retirement outlook
\n
\n
\n\n
\n
\n
\n
\n

So where do you stand?

\nOff track?
Keeping pace?
Exceeding goals?

\nIn this special feature, certified financial planners help you evaluate your situation and offer tailored tips for improvement.

\n
\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_5898bfd611edf":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_5898bfd611edf","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n

\n

Meet Your Expert



\n

KATHY HAUER


\n

Certified financial planner, IRS enrolled agent and registered investment adviser at Wilson David Investment Advisors in Aiken, S.C.

She focuses on millennials, among other client groups.\n

\nHer book, Financial Advice for Blue Collar America, offers tips on insurance and taxes, financial traps to avoid and how to pay for college and vocational school.

\n


\n\n
\n \n

FAQ

\n


\n

\n If you're not on track for retirement, confusion might be holding you back. Here, Hauer shares her expertise to answer common questions.


\n
\n\n SEE FAQ HERE\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a7686fa34ff":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a7686fa34ff","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n \n

Even if you’re exceeding goals, don’t forget to factor life expectancy into your retirement plans. Here are some projections to consider.

\n
\n
AGE NOW
\n
AVERAGE LIFE EXPECTANCY
\n
\n
MEN
\n
65
84.3
\n
\n
WOMEN
\n
65
86.6
\n
\n
\n
\n \n
\n
1 in 4
\n
65-year-olds today will live past 90
\n
\n \n
\n
1 in 10
\n
65-year-olds today will live past 95
\n
\n

Source: Social Security Administration

\n
\n \n \n \n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58ac4f5368aea":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58ac4f5368aea","panel":"custom_html","contentPositions":[{"position":1,"description":"
ARTICLE
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_589ce28126b6c":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_589ce28126b6c","panel":"custom_html","contentPositions":[{"position":1,"description":"

READ MORE FROM FIDELITYVOICE

","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a1f4f4bbf13":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a1f4f4bbf13","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n \n

If you're behind, you're not alone.

\n \n
\n \n
\n
19%
\n
of American workers are not at all confident that they will have enough money to live comfortably throughout their retirement years
\n
\n \n
\n
$7.7 trillion:
\n
Collective retirement savings deficit among Americans
\n
\n

Sources: Pension Rights Center, Employee Benefit Research Institute

\n
\n \n \n \n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a3367a12293":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a3367a12293","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n
\n
Mint


\n
WHAT IT'S FOR: Mint generates insights on your financial footprint, from the categories you spend most on to how your net worth has changed over time. It also includes features to help with budgeting and bill payments. \n

\n BY THE NUMBERS: 4 billion transactions tracked in 2016
\n
\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_5898c09bed0cc":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_5898c09bed0cc","panel":"custom_html","contentPositions":[{"position":1,"description":"
EXPERT ADVICE
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_589cd8712c923":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_589cd8712c923","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n

How Much Should I Save Each Year?

\n
\n
\n

Our rule of thumb:

15%


Aim to save at least that much of your pretax income each year from age 25 to age 67.

\n
\n
\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_58a5e7c0ced56":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_58a5e7c0ced56","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n
\n
\n
\n
\n

Roth IRA Essentials for Millennials



\n

If you've got time on your side and can afford to save more, make sure you're familiar with these Roth IRA considerations. \n

\nCertified financial planner Tim Maurer weighs in with his advice. \n



\n READ MORE\n
\n
\n
\n","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false},"csf-channel_2section_702_5898c0f1abd7c":{"channel":"channel_0","section":"section_0","location":"csf-channel_2section_702_5898c0f1abd7c","panel":"custom_html","contentPositions":[{"position":1,"description":"
\n
\n

\n

Meet Your Expert



\n

ADAM HARDING


\n

Certified financial planner and the founder and president of his own firm in Scottsdale, Ariz.

He focuses on investing technology and planning techniques that provide lower-cost advice.

\n


\n \n\n
\n
\n \n

FAQ

\n


\n

\n If you're in great shape but want to stay on top of your strategy, see Harding's responses to these common client questions.


\n
\n\n SEE FAQ HERE\n
","type":"general","following":false,"hideDescription":false,"sponsored":false,"removeTopPadding":false,"removeBottomPadding":false}],"panelId":"panel1","limit":0,"swimlane":false,"more":false,"enableAds":false,"removeBVPrepend":false,"brandvoiceHeader":false,"profileLink":false,"fullListLink":false,"pagination":false,"filters":false,"year":0,"directLink":false}}; } catch(err) { fbs_settings.promoted_content = null; }
close
The Wayback Machine - https://web.archive.org/web/20170413020647/https://www.forbes.com/feature/retirement-checkup/

Retirement Checkup

true