Retirement is something few people think about too often. They think Social Security benefits and employer funded retirement plans will save aside money for them. This can lead to a rude awakening at 65, and it can be shocking to people when they realize it.
Figure out exactly what your retirement needs and costs will be. It is commonly believed that Americans need about seventy-five percent of their current salaries to retire well. If you are in the lower tax bracket, you may need 90 percent of your income to retire.
Figure what your retirement needs and costs will be. Most Americans need around seventy percent of their current income they earn to live comfortably in retirement. Workers that … Read the rest