Money Monday: How much to save for retirement

retirement

“Determining the amount you need to save for retirement is a daunting task. It’s impossible to predict future life events and associated expenses, so future retirees often rely on general expense or portfolio withdrawal “rules” to make educated guesses about their needs. However, the standard ways of computing expected retirement expenses may not reflect reality, and future retirees may be better served by taking another approach.”

Read Forbes’ article on the topic here: “How Much Should You Save For A Secure Retirement?”

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