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05-22-2018, 07:36 AM
You'll enjoy the 'by age 35' meme even if you have nothing saved for retirement
https://i.amz.mshcdn.com/LEfbCxyr--_-LUXV4XpsOB1X5KE=/575x323/filters:quality(90)/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F777739%2F9f3b9bfe-7ede-418e-9549-40ec01539fa4.jpghttps://a.amz.mshcdn.com/assets/feed-tw-e71baf64f2ec58d01cd28f4e9ef6b2ce0370b42fbd965068e9 e7b58be198fb13.jpg (https://twitter.com/share?via=Mashable&text=You%27ll+enjoy+the+%27by+age+35%27+meme+even+ if+you+have+nothing+saved+for+retirement&url=https%3A%2F%2Fmashable.com%2F2018%2F05%2F21%2F savings-before-35-meme%2F)https://a.amz.mshcdn.com/assets/feed-fb-8e3bd31e201ea65385a524ef67519d031e6851071807055648 790d6a4ca77139.jpg (https://www.facebook.com/sharer.php?u=https%3A%2F%2Fmashable.com%2F2018%2F0 5%2F21%2Fsavings-before-35-meme%2F&src=sp)
It was the MarketWatch article (https://www.marketwatch.com/story/money-milestones-this-is-how-your-finances-should-look-in-your-30s-2017-05-18?link=sfmw_tw) heard 'round the world.
In a January post, the finance website quoted a disturbing assertion (https://www.fidelity.com/viewpoints/retirement/how-much-money-do-i-need-to-retire) from investment firm Fidelity: that by the time you're 35, you should have saved twice your salary. Like, your salary, but doubled. Like, take your salary, and then make it two of those. Fidelity thinks you should have that saved.
It took a while for the internet to get wind of this. (Per Know Your Meme (http://knowyourmeme.com/memes/by-35-you-should-have-twice-your-salary-saved), people started to take note when MarketWatch repromoted the article.) But when it did, Twitter quickly issued its longtime distress call: "lmao."
SEE ALSO: Why you love reading other people's money diaries (https://mashable.com/2018/04/23/why-are-money-diaries-so-good/) Read more... (https://mashable.com/2018/05/21/savings-before-35-meme/)
More about Twitter (https://mashable.com/category/twitter/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Memes (https://mashable.com/category/memes/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Finance (https://mashable.com/category/finance/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Social Media (https://mashable.com/category/social-media/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Culture (https://mashable.com/culture/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/1oPRnZjxN58
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It was the MarketWatch article (https://www.marketwatch.com/story/money-milestones-this-is-how-your-finances-should-look-in-your-30s-2017-05-18?link=sfmw_tw) heard 'round the world.
In a January post, the finance website quoted a disturbing assertion (https://www.fidelity.com/viewpoints/retirement/how-much-money-do-i-need-to-retire) from investment firm Fidelity: that by the time you're 35, you should have saved twice your salary. Like, your salary, but doubled. Like, take your salary, and then make it two of those. Fidelity thinks you should have that saved.
It took a while for the internet to get wind of this. (Per Know Your Meme (http://knowyourmeme.com/memes/by-35-you-should-have-twice-your-salary-saved), people started to take note when MarketWatch repromoted the article.) But when it did, Twitter quickly issued its longtime distress call: "lmao."
SEE ALSO: Why you love reading other people's money diaries (https://mashable.com/2018/04/23/why-are-money-diaries-so-good/) Read more... (https://mashable.com/2018/05/21/savings-before-35-meme/)
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