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Where should I be financially at 35?

So, to answer the question, we believe having one to one-and-a-half times your income saved for retirement by age 35 is a reasonable target. It's an attainable goal for someone who starts saving at age 25. For example, a 35-year-old earning $60,000 would be on track if she's saved about $60,000 to $90,000.

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Benchmarks are based on a target multiple at retirement age and a savings trajectory over time consistent with that target and the savings rate needed to achieve it. Target multiples at retirement reflect estimated spending needs in retirement (including a 5% reduction from preretirement levels); Social Security benefits (using the SSA.gov Quick Calculator, assuming claiming at full retirement ages, and the Social Security Administration’s assumed earnings history pattern); state taxes (4% of income, excluding Social Security benefits); and federal taxes. We assume the household starts saving 6% at age 25 and increases the savings rate by 1% annually until reaching the necessary savings rate. Benchmark ranges reflect the higher amounts calculated using federal tax rates as of January 1, 2022, or the tax rates as scheduled to revert to pre-2018 levels after 2025. Approximate midpoints for age 35 and older are rounded up to a whole number within the range.

Important Information

This material is provided for informational purposes only and is not intended to be investment advice or a recommendation to take any particular investment action. The views contained herein are those of the authors as of March 2022 and are subject to change without notice; these views may differ from those of other T. Rowe Price associates. This information is not intended to reflect a current or past recommendation concerning investments, investment strategies, or account types; advice of any kind; or a solicitation of an offer to buy or sell any securities or investment services. The opinions and commentary provided do not take into account the investment objectives or financial situation of any particular investor or class of investor. Please consider your own circumstances before making an investment decision. Information contained herein is based on sources we consider to be reliable; we do not, however, guarantee its accuracy.

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What should I pack in a Go pack?

Things to Pack in a Go Bag Money. ◊ ATM & credit cards. ◊ Checkbook. ... Medical Items. ◊ Medical and dental records. ... Personal belongings. ◊ Clothing. ... Food and water. ◊ Snacks. ... Documentation. ◊ Passport(s) & Visas. ... Personal belongings. ◊ Small toiletry kit. ... Medical Items. ◊ Small First Aid Kit. ... Food and Water. ◊ Reusable water bottle/water. More items...

Things to Pack in a Go Bag

Money

◊ ATM & credit cards

◊ Checkbook

◊ Multiple currency

◊ Safe deposit keys

◊ Government Travel Card

Medical Items

◊ Medical and dental records

◊ Immunization cards

◊ Glasses & contacts

◊ Prescriptions

◊ Medications

◊ Small First Aid kit

Personal belongings

◊ Clothing

◊ Toys and games

◊ Pet items

◊ Cell phone

◊ Chargers for all electronics

◊ Small toiletry kit

Food and water

◊ Snacks

◊ Water

Documentation

◊ Passport(s) & Visas

◊ Marriage, birth, adoption and naturalization certificates

◊ State Department ID

◊ Driver’s license

◊ Auto insurance policies, registrations and title if applicable

◊ Power of attorney & will

◊ School records

◊ Pet records

◊ Household effects inventory

Things to Pack in a Stay Bag

Personal belongings

◊ Small toiletry kit

◊ Change of clothes

◊ Sensible shoes

◊ Towel

◊ Sleeping bag

◊ Pillow

◊ Entertainment items

◊ Chargers for electronics

Medical Items

◊ Small First Aid Kit

◊ Prescription medication

◊ Over the counter medications

Food and Water

◊ Reusable water bottle/water

◊ Snacks

◊ Meal items:

Microwave meal

Soup

Tuna packets/cans

Emergency Items

◊ Flashlight, LED

◊ Laminated list of emergency phone numbers

◊ Laminated building floor plan

◊ Multi-purpose tool

◊ Whistle

Post Specific items

Situations at post are unique. You should carefully consider items that would be beneficial to you in your situation.

◊ If you are in an earthquake zone, you might consider

Work gloves

Dust mask

◊ In flooding prone areas, you might consider

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