4 Steps to Figuring Out How Much Money Should You Save For Retirement

The question I get asked the most is, "how much money should I save for retirement." In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement. There are endless calculators, blogs, and even podcasts that seek to answer this question. However, figuring out how much you need is a little more complex than completing a simple calculator. It all starts with visioning your future and understanding how much cash you'll need each year. From there, you can walk backwards into a target number that is right for your life. In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement.

Links

Investopedia article, How Much Do I Need to Retire

Retirement Income Calculator

NerdWallet article, How Much Should You Save for Retirement

smartasset Retirement Calculator

How to Train Your Brain to Achieve Money Goals episode

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