Saving for Retirement – Do You Know Enough About It?

77 Key Retirement Stats and Facts

by Nikola Djordjevic

77 Key Retirement Stats and Facts

When was the last time you thought about retirement? Depending on your age, it might’ve been some time ago, or never. Is it such an unfamiliar concept, that not a lot of people would consider thinking about?

However, if we were to get in the nooks and crannies of retirement, we’d see that it’s so much more than just retiring from work and staying at home and relaxing. In order to reach the stage where you can finally enjoy the merits of old age, there is so much that needs to be done.

And there are so many questions you need to answer, from how much you need to save for retirement and when to start saving to which retirement plan to choose.

That said, thanks to the folks over at MedAlertHelp, we can learn everything we need to know about retirement easily. They put together an infographic that answers the questions above and a lot more.

The infographic also details some of the best places to retire not only in the US but overseas as well. So if you’re planning to stay in the US, Lancaster, Fort Myers, and Sarasota would be the top three places fit for retirement.

On the other hand, if you’re feeling more adventurous (and frugal) and wanting to spend your retirement years abroad, Panama, Costa Rica, and Mexico would be just the places to go.

In addition to the best places to live in once you’ve retired, the infographic can also help you pick the best retirement savings plan. By having all of them listed in a simple table, you’ll be able to distinguish the pros and cons and pick the plan that fits you the best.

If that’s not enough, it also includes stats on what percentage of your salary should you set aside and the retirement saving goals by age, among many others.

Finally, if you enjoyed the information so far, then take a look at the full infographic here.