Do you have any idea how much money you’ll need each year once you’re finally retired? If you said “no”, then you’re not alone. Unfortunately as many as 41% people between the ages of 18 and 29 have never really thought about retirement planning. What’s worse is that 20% of people above the age of 60 said the same thing. While those may be facts, you don’t have to be one of those people. The absolute key to knowing how much you need to save for retirement starts with first understanding just how much you’ll need once you get there. That’s why you need to spend some time working on retirement budget planning. By doing so you’ll have … [Read more...]