Plan for "Future You"
It can be hard to think about retirement, but you can make it easier on yourself by starting to plan for it early, getting advice, and deciding on a plan that you can put into action decades before you retire.
“Retirement is like a long vacation in Las Vegas. The goal is to enjoy it to
the fullest, but not so fully that you run out of money.“—Jonathan Clements
Typically, you’ll need upwards of 80% of your pre-retirement salary during your golden years. But exactly how much you’ll need may depend on:
Location: -when and where you’ll retire
Your Health and whether you’ll keep receiving employer-sponsored health insurance: -401k, Roth IRA's for example.
Whether you’re a two-income household: and if you’ll keep working part-time