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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BING NEWS:
  • America's best savers are not the wealthy
    That money is rerouted from their daily expenses to fund long-term goals such as ... As a general rule of thumb, Fidelity suggests banking at least eight times your ending salary before you retire. At the very least, "you need to meet your employer match ...
    03/30/2015 - 7:37 pm | View Link
  • Hoping to retire in 10, 20 or 40 years? Here's what you need to know now
    Here's what you need to know now Brandpoint (BPT) Woburn Daily Times, Inc. (BPT ... Next, you’ll need to figure out how much of your salary to contribute to reach your personal retirement goal. There are many online tools to help you determine what ...
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  • The Best and Worst Decisions Obama Made With His Money
    The 2012 Stop Trading On Congressional Knowledge, or STOCK Act, has made the personal finance moves of Congress members ... Fidelity Investments suggests that people save eight times their ending salary for retirement, with one year’s salary saved ...
    02/15/2015 - 7:00 pm | View Link
  • Will income from a £750k buy-to-let empire pay for our three babies?
    His current income of £40,000 is verging on insufficient to remortgage his property, as the maximum multiple is five times ... your personal finances. And if you don't mind being filmed for a short video, that'd be a bonus. If we pick you, we'll have ...
    02/1/2015 - 9:03 pm | View Link
  • The Times Union, plus a lot more
    A daily bonus section, Section U, delivered exclusively with your eEdition, on topics that include food, personal finance ... We hope you'll make timesunionPLUS a regular part of your information diet. It's one more way the Times Union helps you live ...
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    03/29/2015 - 11:31 pm | View Website
  • My Personal Finance Journey — Personal Finance ...
    The following is a post by MPFJ staff writer, Kevin Mercadante, who is a freelance professional personal finance blogger for hire, and the owner of his own personal ...
    03/29/2015 - 10:19 pm | View Website
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