When Should I Start Planning For Retirement And How Much Money Do I Need For Retirement?
Retirement made easy: How soon should I start saving? Having enough money to retire on is a worry for many people. In fact for most the issue is so daunting that they prefer to avoid thinking about it. Starting saving now is the most imporant decision they can make. read more
Knowing how much you will need for retirement is the first important step. From there you'll be able to decide whether your current savings approach will be sufficient to provide the income you'll need at retirement. I don't know if we're supposed to tout our own hubs here but my hub explains how to calculate your target figure.
http://hubpages.com/hub/Retirement-How- … -do-I-need
If I'm breaking some rule by providing this link, please send me an email.
You should begin saving for retirement when you begin working. The earlier you start, the easier it will be to save enough for a comfortable retirement. If you start from the beginning, you won't miss the amount of money that goes to your retirement accounts. In many cases, the amount deducted for retirement accounts is offset by the lowered tax you pay. For example, if you have designate $100 per month for your 401K, you might only see a reduction in your take home pay of $75. This amount will vary based on your salary and exemptions. For more information, see my hub:
http://hubpages.com/hub/A-practical-app … retirement
by Simone Haruko Smith 6 years ago
What advice can you share on financial planning for retirement? (Weekly Topic Inspiration)What are you doing to create a financially sound retirement for yourself? What lessons have you learned over the years, and what advice would you share to those starting to save for retirement? Share your tips...
by Simone Haruko Smith 6 years ago
Ideally, all of us will reach an age at which we can retire. How can we ensure that we have enough money to live off of once we reach that point? Share your retirement savings and financial planning advice as part of this week’s Weekly Topic Inspiration challenge. Even if you’re not already an...
by Deborah-Lynn 8 years ago
Originally the Question was "Someone just gave you a thousand dollars, how would you spend it", but the answers lacked a bit of inspiration, it was brought to my attention that $1000.00 isn't inspirational...most would use it to pay bills, etc. so think bigger...how much money would...
by Abodabt 4 years ago
How much money do you need to open a pizza place
by Sp Greaney 4 years ago
What age should you start saving for your pension?
by ngureco 7 years ago
How Much Money Do I Need To Have To Be Happy And Live A Good Lifestyle?
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|