Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts

Tuesday, February 23, 2016

Retirement Savings Basics

How much should you put aside for retirement? As much as you can. Look at your budget (you have one, right??!) and see what you can spare. Just as you would with short term goals, think about what you want for you retired life and what you're willing to give up now to get there. As you get older, these goals might change, but try and settle on something for now. 

For me, I would like to sell any property that we own and travel as much as possible. We would need a small cottage in Mexico or a pied terre in a city offering international flights as a "home base" and that's it! That could change, but for now that's what I want. So how to get there?