Thursday, January 26, 2012

Are your retirement savings enough?

   Securing a retirement is the reason most of us start to save in the first place. Ultimately, the quality of our life in retirement is going to depend on how much we've saved beforehand. Google searches show that only about half of Americans have retirement savings. This is a huge mistake that can't be undone at the last minute. Savings accounts need to be started early because they need to grow over time. Most of us would like to know how much we'll need to save for our own retirement. The Internet is a great source to start these calculations. Find a good retirement calculator and start to play around with different monthly savings numbers. Consider seeking a professional money manager to discuss your goals and individual situation. The whole retirement process depends on our individual situations, and how we manage our income sources today. Finwiz.

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