Personal Finance Daily: You’ll Need 11 Times Your Salary In Retirement

Are you on track to stash away 11 times your annual salary for retirement? That’s just one step to being a financially independent retiree. Read about that and nine other steps to financial freedom, plus find out why prepaid cards are a bad choice for many consumers, in today’s Personal Finance Daily.

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    (To find out how much you'll need to retire, see Retirement Planning Basics ... For instance, reducing the number of times you eat out, entertain and feed your vices. For instance, if you reduce your expenses by $50 per week (approximately $217 per ...
    10/23/2017 - 10:28 am | View Link
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    10/23/2017 - 3:00 am | View Link
  • Even High Earners Say They Don't Make Enough Money to Save
    The only way to get by in retirement is to have independent savings, and if you go too long without realizing this, you'll compromise your eventual financial security. Talk about a waste of a high salary. Sure, it's tempting to spend your hard-earned money ...
    10/23/2017 - 1:18 am | View Link
  • How Much Should I Have in My 401k?
    Retirement savings is much of the talk in today’s personal finance ... have six times your annual salary saved. Again, catch-up contributions are vital if you’re behind. With only ten years until the typical retirement age, you’ll want to make ...
    10/21/2017 - 2:42 am | View Link
  • Early Retirement Secrets That Are Smart Money Moves for Almost Anyone
    Personal finance expert Lynnette Khalfani Cox ... And once you do finally retire, you’ll likely blow through your money in no time and have to return to work. When daily living costs are through the roof it can quickly eat up your money.
    10/18/2017 - 11:01 am | View Link
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