Tag Archives: retirement planning strategies

How Much Should You Save for Your Retirement Needs

How Much Should You Save for Your Retirement Needs

One of the most challenging aspects of retirement planning is determining how much money you should save. Employer-provided retirement plans, investments, and Social Security are the three most prevalent alternatives. Many sources recommend setting objectives for yourself. Many retirement planning experts recommend aiming to replace 70% to 85% of your pre-retirement income. In other words, …