It is a good estimate that you will probably need 60-100% of your final year’s working salary for each year in retirement. Social security will cover between approximately 20-40% of your pre-retirement income at your full retirement age. That is only a fraction of what you will need, and this
Adulting is hard, and it makes it difficult to think past the “here and now.” With retirement decades away for those in their 20s and 30s, planning might not be high on the priority list. The problem with this mentality is that it can drag on for years or even decades. According to the Motley Fool ,
The Fed’s decision is important if you have a credit card, a savings or retirement account, or want to buy a home or car. It would be the first rate hike in a decade and it has it’s upside and downside, but it wouldn’t be a game changer over night. Here
