Are you ready to compare your financial life to that of your peers?
I think this is a brilliant idea for a financial tool on the web. It is a FREE tool, and located on VOYA's (investment firm formerly called ING) website, at https://compareme.voya.com. It is touted as a comparison tool so you can get the big picture of how your own finances stack up against others in your age group and general income bracket. I hadn't seen anything like this before, and think it's fabulous. While I cannot guarantee the accuracy of the data, I am assuming it is pretty good, as it looks like a compilation of the entries. It shows peer comparisons for total retirement savings, investment strategies, mortgage debt, life insurance coverage and several other factors.
Go to: https://compareme.voya.com and follow the prompts to enter your data confidentially and without charge, to see how you look. I believe it will be 10 minutes well spent!
Margie