If we are in our 40’s how much % of our life savings we should invest on robo advisor index investment account?
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How much do you plan on spending in retirement? How much are you contributing to any other retirement acconts as well as any employer benefits that could supplement income needs in retirement? When do you plan on retiring and what real rate of return do you anticipate this account giving over this period of time? Do you plan on touching the principal in your withdrawal strategy or not? Do you have any other financial goals you’re looking to accomplish before retirement and what level of liquidity will you need for those?
These are just a few of the questions you should be walking through before establishing a number to invest.