It used to be that many people would do their best to save up $1 million for retirement. Now, experts and others say $2 million is far more likely to be the “magic” number. But do you really need a huge nest egg for a successful retirement?
Do You Really Need a Huge Nest Egg for a Successful Retirement?
Posted by MMarquit under Employee BenefitsFrom http://financialhighway.com 4584 days ago
Made Hot by: steeldawn on October 19, 2011 3:37 pm
Who Voted for this Story
Subscribe
“Rachel: Great to hear! Thanks for your kind words! :)
All the Best,
Martin...”
“Thank you, Martin. That's a fantastic motto... and I couldn't agree more!...”
“Lisa: Good to hear! Thanks for your response....”
“For sure, I know I did years ago when I was working for others....”
“Lisa: I wonder if they potential employee is doing a background check on...”
Comments
4581 days ago
1. That you are healthy enough to work.
2. That the economy is healthy enough that an employer needs you to work part-time.
If conditions 1 & 2 don't exist, then you get to move in with one of the kids. No one wants to do that, unless the kid deserves it!
4583 days ago
4584 days ago
Nowadays, it seems as if $1m of savings for retirement is not enough, and that scares me.
But it all depends on what kind of lifestyle you plan on living once you retire. If you carefully budget, $1m can be plenty! And of course, having a part-time job can do wonders :)