Retirement Savings at Age 48 Earning $300,000/Year
How much you should have saved, your projected retirement nest egg, and monthly income estimates using the 4% withdrawal rule.
Projected Savings by Contribution Rate
| Saving Rate | Monthly | At Age 67 | Monthly Income* |
|---|---|---|---|
| 10% | $2,500 | $851,682 | $2,839/mo |
| 15% | $3,750 | $1,277,522 | $4,258/mo |
| 20% | $5,000 | $1,703,363 | $5,678/mo |
| 25% | $6,250 | $2,129,204 | $7,097/mo |
* Monthly income based on 4% withdrawal rule. Assumes 4% real return (7% nominal â 3% inflation). Starting from $0 today.
Savings Milestones (at 15% savings rate)
Retirement Planning at Age 48
At 48, you should have roughly 6Ã your salary ($1,800,000) saved for retirement. If you're behind, consider maximizing catch-up contributions to 401(k)s ($7,500 extra/year for those 50+) and IRAs ($1,000 extra/year). You still have 19 years of growth ahead.
Use our FIRE calculator for early retirement scenarios, or check our net worth benchmarks at age 48.
Retirement at Age 48 â Other Income Levels
Retirement Savings by Age
Related Data for Age 48 Earning $300,000
Explore every angle of your financial picture at $300,000 — take-home pay, affordability, investment growth, and emergency fund targets.
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Net worth benchmarks at age 48
Where you stand vs median and average for your age.
$25,000 invested over 15 years
Growth projections across savings, bonds, and stocks.