How Much Money Do You Need To Save For Retirement?
Автор: WorkMoney Media
Загружено: 2024-08-08
Просмотров: 703
How much do you need to save for retirement? That’s the big question that everyone asks when saving up for the later years of their life. It’s of course difficult to determine because you can’t predict the future, but there are a few steps you can take to start saving for retirement now. In this video, we’ll cover a few ways to calculate how much you need to save for retirement based on your personal income.
We’ll guide you through the essential steps to accurately calculate how much you need to save for this important stage in your life. This includes the formula for calculating retirement savings, contributions to your 401K, Social Security benefits and defining aged based retirement savings. We’ll also explain the difference between setting savings goals and savings milestones.
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About our channel:
Money can feel really stressful! We get that. At WorkMoney Media, we're here for you. We cut through the financial stress so you can feel good about your money. And we offer straight forward steps for regular people so you can get control of your finances.
About the host:
Carrie Joy Grimes is the founder and Chief Executive of WorkMoney, an organization of more than 6 million members dedicated to ensuring that everyday Americans can afford to live good lives. Carrie Joy has over two decades of experience leading large organizations, campaigning, and engaging in economic and social policy work.
Content in videos is not financial or other professional advice and is for informational purposes only.
We talk about everything from how to think about the STORY of your money, to how you’re the hero of your money and not the villain.
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