How much should i have in savings and ira?

Try to build up the fund for three months of spending, and then divide your savings between a savings and investment account until you have saved the value for six to eight months. After that, your savings should go toward retirement and other goals: investing in something that generates more benefits than a bank account. Savings benchmarks based on age and salary can serve as a useful way to track progress in saving for retirement. Every month, save the extra money in your IRA or emergency fund, and consider using a Gold IRA comparison chart to further protect your retirement savings.