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I’m 53 and want to retire in 12 years. Is 5% enough to put in my 401(k)?

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I’m 53 and want to retire in 12 years. Is 5% enough to put in my 401(k)?

If you want to have enough for retirement, you need to push your savings limits today.

I’m 53 and want to retire in 12 years. Is 5% enough to put in my 401(k)?

Source：MarketWatch

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Source：https://www.marketwatch.com/story/im-53-and-want-to-retire-in-12-years-is-5-enough-to-put-in-my-401-k-6f39fc6e