Chapter 7. Saving for Retirement

IN THIS CHAPTER:

  • Understand how much you’ll need to save

  • Learn about your retirement income options

  • Determine how well your retirement plan will work

Ah, the good life! Wouldn’t you like to hang up the job, travel more, and maybe have a second home in Florida, Arizona, or Tahiti?

The earlier you start planning for these glorious days, the greater your chances of achieving your goals. This might sound impossible if you have cars that keep dying, a “money pit” home, and the cost of your children’s college education to finance. But if you handle these financial obligations systematically, you can get there. If nothing else, you’ll be much further ahead financially than you are now.

Speaking of systematic, please note we’re ...

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