Tag: Fidelitys

Does Fidelity’s 45% Rule Still Hold Up?

Among retirement rules of thumb, saving 10 times your salary by 67 reigns supreme. But workers should also have another way by planning for their savings to provide 45% of their pretax, preretirement income. Financial services giant Fidelity has a rule for retirement savings you may have heard of: Have 10 times your annual salary […]