If you're over 50 and make $500k per year, you should have this much saved for retirement - are you on track?

If you are hoping to maintain around the same spending level that a $500,000 annual income would allow, you're going to need to have around $3.03 million invested by the age of 55.

These numbers are adjusted for inflation, they take into account market volatility, and they are calculated to ensure your money lasts throughout your later years.

One of your best options is to save more aggressively. You're getting near your retirement date at this age, so it's time to get serious about investing for your future.

Read at 24/7 Wall St.