The amount you need to have saved varies based on your age. Look at this worksheet to see where you stand. Remember this is only a guide. Don't get to bigheaded if your doing good but don't get to down if you are lagging behind.
If you are age: Enter your current income Savings amount should be
45 $................................. X 4.1 = $..........................
50 $................................ X 6.1 = $..........................
55 $................................. X 8.5 = $..........................
60 $................................. X 11.4 = $..........................
"I find the great thing in this world is not so much where we stand, as in what direction we are moving: we must sail sometimes with the wind and sometimes against it – but we must sail, and not drift, nor lie at anchor."
-- Oliver Wendell Holmes
Thinking about your retirement? Planning is essential. If you fail to plan, you plan to fail.
Do something, don't lie at anchor. Move forward when you have made your plan and stay diligent on it. I love the word diligent. It means to faithfully apply yourself by steady, earnest, and energetic effort.
If you do that for your retirement you will succeed.
Call me for any questions at 859-734-5338.
David
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