Tuesday, April 23rd 2024

Retiremennt Planning

Planning so that you can afford retirement entails several steps. There are software packages and people that can help you with this but here we will provide a step-by-step guide that should help give you a rough estimate of the amount of money you will need to support your lifestyle.

The Steps Are:

Figure Out What You Spend Now

Make An Accounting of Your Assets and Liabilities

Figure Out What Your Lifestyle Will Cost in the Future

Solve For How Much You Need To Save or Earn Each Year


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