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The final rule for retirement savings is the 80% rule, or saving enough to replace 80% of your pre-retirement income. So if you currently earn $100,000 per year, this rule says you’ll need ...
Free tools and calculators from companies like SmartAsset, JPMorgan, Schwab and Fidelity offer good examples. The post Six Tools to Help You Plan for Retirement appeared first on SmartReads by ...
Image source: Getty Images. 1. Calculate your retirement number. The best way to know exactly how much you should save is to calculate your retirement number.To do this, you'll first need to know ...
And, if you want to figure out whether you are saving enough for retirement, SmartAsset’s free retirement calculator can help you determine how much you will need. Keep an emergency fund on hand ...
You can use SmartAsset’s free retirement calculator to see if you are on track to meet your retirement goals. Estimating the Length of Retirement Another challenge of planning for retirement is ...
Use a Retirement Calculator Take advantage of online retirement calculators, which can help you run different scenarios and fine-tune your savings goal based on various factors. Ridofranz/istockphoto
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