How much savings should I have at 50?

It's a great question to ask about financial planning, especially as we approach midlife. How much savings should one have at 50 really depends on a variety of factors such as income, lifestyle, retirement goals, and debt obligations. Ideally, experts recommend having a nest egg that can cover at least a year's worth of living expenses as an emergency fund, and then aiming for a retirement savings that can replace 70-80% of your pre-retirement income. However, it's important to note that every individual's situation is unique, so it's crucial to consult with a financial advisor to create a tailored plan that meets your specific needs and goals.