Investment & Retirement Planning Options

A simple rule for retirement savings.

While there’s no such thing as a magic number that assures you of a comfortable retirement, there is a simple rule-of-thumb for how much to save based on your age and annual salary.

Age Salary Rule of Thumb Retirement Savings
30 $55,000 2X Salary $110,000
45 $80,000 4X Salary $320,000
55 $95,000 7X Salary $665,000
67 $110,000 10X Salary $1,100,000

How do your savings compare?

Need to catch-up or want to get ahead? SunTrust Investment Services (STIS) can help you:

  • Create a savings strategy you can live with
  • Take advantage of all your tax-deferral opportunities
  • Review your portfolio allocation
  • Put IRS retirement catch-up provisions to use

SunTrust’s SummitView financial planning experience earned the best possible mark –5 – across all four dimensions: customer centricity, quality of recommendations, format and process.1

Interested in Financial Planning or Advisory Services?

To connect with the right SunTrust Investment Services (STIS) advisor, please select one of the four following investment levels:

Find a Financial Advisor near you.

If you prefer to call us, you can reach the STIS Client Advisory Center at 877.962.9032.

 

DISCLAIMERS

1 Hearts & Wallets Inside AdviceTM, Feb 2017

SunTrust Bank and its affiliates and the directors, officers, employees and agents of SunTrust Bank and its affiliates (collectively, "SunTrust") are not permitted to give legal or tax advice. Clients of SunTrust should consult with their legal and tax advisors prior to entering into any financial transaction.

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