How Much You Should Have Saved By Age

Wondering how much you should have saved for retirement by now? Use these income-based benchmarks to check your progress and plan your next steps with confidence.

If you’ve ever wondered whether your retirement savings are on track, this video offers a simple framework to help you find out. Lance Miller, CFP®, walks through how much you should have saved based on your current household income and age. You’ll learn what a realistic target looks like, what to do if you’re behind, and how to adjust your savings rate to improve your outlook over time.

We also explain the key planning assumptions behind these numbers, including retirement age, inflation, and investment return expectations.

At Compass Wealth Management, we help clients make confident financial decisions during life transitions like retirement. Our advice is always planning-first, strategy-driven, and rooted in your real-life goals.

Source: JP Morgan Asset Management "Guide to Retirement"

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This material is not intended to be relied on as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of October 6, 2025, and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by Compass Wealth Management to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. Past performance is no guarantee of future results. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. Investments involve risks.