Several helpful steps l Insightful Investing
Last updated 9/19/2019 at 12:38pm
How much do I need to save for retirement?
I am asked this question often, right after the number one question, which is, “What is the stock market going to do?”
To the latter question, I have no idea, but if I had to guess, I would say that it is going to go up, eventually. The word "eventually" gives me a lot of leeway. More on the market later.
The first question is a much easier question to answer, in my opinion.
It is easier for the following reasons: we can quantify our spending habits, we can control our savings, we can plan for the unexpected, and it only takes simple math s...