Land a dream job at 29. Buy your first home at 30. Earn six figures by 35.
Realistic or not, those are the ages Americans ascribe to some of life’s financial milestones, according to a new survey from Empower, the retirement services provider.
Empower asked roughly 1,000 Americans to set target ages for six life milestones: retirement saving, landing a dream job, earning six figures, buying a home, becoming debt-free, and retiring.
The findings, published in August, are tinged with regret. Nearly half of respondents said they wish they had started saving sooner. Nearly one quarter said they felt behind in reaching money milestones. Many respondents said there’s no set timeline for reaching big financial goals.
And some dates on the timeline seem more dream than reality. Buy a first home at 30? These days, the average first-time buyer is pushing 40.
