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It’s an all too common question in personal finance: how much money do I need to retire? And there’s a frustratingly vague response: it depends. Exactly how much you need varies based on your lifestyle, where you live and the goals you have for your retirement years. But one thing is clear – that final number is bigger than most people think.
How big? Let’s just say that if you haven’t started saving yet, you’d better get on it. Take a look at some of the factors financial planners and advisors use to figure out how much you’ll need for those golden years ahead in my new article at GoldenGirlFinance.ca: http://bit.ly/JqVql8
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