Many people never give much consideration to retirement. They believe they can think Social Security benefits and employer will be enough. This never turns out well, so check out the tips below to get smart on retirement.
Determine just how much money you will need in retirement. 70% of your current income per year is a good ballpark figure to aim for. People who earn very little now, will need to have about ninety percent of their current earnings available during retirement.
Figure what your retirement needs will be. It is commonly believed that Americans need about seventy-five percent of their current income to enjoy a comfortable retirement. Workers that don’t make too much as it is may need to require around 90 percent or so.
Begin saving now and continue … Read the rest