Retirement planning doesn’t mean one should only concentrate on their finances. Retirement planning requires a combination of financial and personal planning. Personal planning determines one’s satisfaction during their retirement. Experts estimate you will need 70 to 90 percent of your pre-retirement income to maintain the same standard of living you have now, but your situation could be completely different. It is important to calculate exactly how much you need for retirement and set up your goals accordingly.
How can I get started with retirement planning?
For those intimidated by the stock market, consider investing in an index fund that requires … Read More