Submitted by theartsygamer89 t3_118miw3 in personalfinance
I'm about to turn 34 and I only have $6,000 in retirement savings. I was unemployed for a very long time due to health issues. I did graduate college, but I don't have any kind of debt and I'm planning to start a new job in which I'm going to try to save around $9,000 - $11,000 each year until I retire and possibly more if my paycheck rises in the future. What are the chances that I can retire at age 65 - 67 or is it pretty much too late to retire in my 60s since I have so little saved up?
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My biggest expenses barring any significant health issues going forward is a new car around $10,000 - $15,000 to replace my current car which is 17 years old.