In this tutorial, you will learn how to go about determining your retirement needs. You will learn the value of setting goals and cash flow management. You will also learn how to obtain valuable information about your Social Security Benefits and company retirement plan. In order to answer this question, you must sit down and picture retirement in your own mind.
Retirement means different things to different people.
For some, retirement means being sufficiently financially independent to travel and relax 24 hours a day. However you view retirement will help you determine how much you will need to retire. So let us help you paint that picture. You can get a good idea of how much you need by examining your current lifestyle and adjusting it for your retirement vision. Let's see how you go about evaluating your current needs.