What’s the Ideal Retirement Savings Goal by Age 60?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 27 2025
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Source: Fool
Retirement Savings Guidelines: There is no universal formula for retirement savings, but general guidelines suggest having eight times your salary saved by age 60, with variations depending on factors like retirement age and lifestyle choices.
Factors Influencing Savings Needs: Key factors affecting retirement savings include planned retirement age, lifestyle expectations, and potential health issues that may lead to early retirement, which can necessitate higher savings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
