Amarin Corp Plc (AMRN)

[sts66]

And how many people have the perfect life to be able to do that? You're talking about having excess post-tax money to use for whatever you want after bills are paid - for me that didn't happen until I was 39 yrs old, and I don't think I had an atypical life to that point - student loans, buying a house, getting married to a spendthrift wife (quickly divorced when debt problems came to a head). Only thing that might be unusual was I didn't get my first "real job" until age 30. Look at the national avg. savings rate or retirement account values - they're horrible - even if you narrow it to college graduates the avg. savings in 401(k)'s is only $120k.

This suggestion on how much to save from Fidelity is a cruel joke - I don't know ANYBODY who could have possibly met these goals and actually lived a life (you know, like raised a couple kids?), at least not where I live (NYC, SF, Boston etc. even worse) - look at what the avg. savings for 60+ yr olds is in the last paragraph:

Remember that Fidelity recommends that you have three times your annual salary saved by the time you reach 40. So, if you're making $55,000, you should have a balance of $165,000 already banked. At age 45, it is recommended you have four times your annual salary saved and six times that level by the time you reach 50.

By the time you reach 60, you should have eight times your annual salary saved, according to Fidelity, while those who are 67 should have 10 times their salary saved.

Unfortunately, Transamerica reports the estimated median savings for sixtysomethings is $172,000. At this point, it’s harder to save enough to make up for any shortfall. If you are behind on your savings, take a hard look at your assets and see what can be monetized at some point to help sustain you.