John wonders how much we will need to live comfortably after retirement. Dave gives him a quick way to determine the amount, plus some extra advice for making the process even easier.Read Transcript
Start Saving for Retirement Today, Not Tomorrow!
Retirement is a financial number. It's all about saving enough to live the retirement you want. The earlier you start, the quicker you'll get there. Start saving now!
2) Determine how much you need to save for retirement.
Retirement isn't an age. It's a financial number. It's the amount of money you'll need to enjoy the kind of retirement you want. Plan how much you need to save for retirement by determining your Retire Inspired Quotient (R:IQ).
4) Treat retirement investments as a marathon, not a sprint.
The longer you keep your retirement money invested, the more it can grow with the magic of compound interest. When you're choosing retirement funds, it's a great idea to work with an investing expert endorsed by Dave. Find a SmartVestor Pro in your area!
More on Saving for Retirement
Hear From the Experts
Gus is 50 years old with $500,000 in retirement accounts. He owes $144,000 on his house and makes about $140,000 a year. Should he stop putting money in retirement in order to pay off his house?Read Transcript
Ryan and his wife have been renting a house for a while and would like to purchase within the next few years. Is it okay to partially fund retirement while they save their down payment?Read Transcript
It's never too late to start saving for retirement. Order Retire Inspired today and start planning the retirement you've always dreamed of!