How Much is Enough?
Do you have enough to retire? How much is enough? Enough of what? What comes to mind first?
Let’s talk money.
If spending money is more your style than saving, then begin by thinking about what you want to spend money on in retirement. Here are some fun and not so fun things to consider:
What lifestyle do you want in retirement? How much money is enough for it? Once you know how you’ll spend it, then you can begin to decide how much you need to save for retirement or how much additional income you’ll need. A financial planner can help you complete the picture with a savings and investment plan.
The more you plan ahead, the more successful your retirement will be. Define your retirement lifestyle first and then look at finances.
You’ll feel better knowing that you have enough.