4 Steps to Figuring Out How Much Money Should You Save For Retirement

The question I get asked the most is, "how much money should I save for retirement." In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement. There are endless calculators, blogs, and even podcasts that seek to answer this question. However, figuring out how much you need is a little more complex than completing a simple calculator. It all starts with visioning your future and understanding how much cash you'll need each year. From there, you can walk backwards into a target number that is right for your life. In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement.

Links
Investopedia article, How Much Do I Need to Retire
Retirement Income Calculator
NerdWallet article, How Much Should You Save for Retirement
smartasset Retirement Calculator
How to Train Your Brain to Achieve Money Goals episode

Episode Sponsors
A big thanks to our sponsors who made this episode possible.
Find out how Upstart can lower your monthly debt payments today when you go to UPSTART.com/mymoney. 
I want you to start living a happier life today. As a listener, you’ll get 10% off your first month by visiting our sponsor at http://www.betterhelp.com/mymoney. 
Sign up for Lendtable at Lendtable.com with promo code MILLENNIAL for an extra $50 off your Lendtable balance to start securing your financial future now. Visit Lendtable.com today to see how much you can make because it's never too late to start investing in future you.
 To see the new Lexus NX and to discover everything it was designed to do for you, visit Lexus.com/NX.

FOLLOW & SHARE
Leave us a 5-star review. Head to this link and let us know why you love the show. Reviews help us continue to grow and bring on more amazing guests. Thank you in advance! http://bit.ly/millennial-money.
Love this episode? Share it with a few friends so they can learn these valuable money concepts as well.
Be sure to FOLLOW and SUBSCRIBE to never miss an episode!
Sign up for my weekly Let’s Talk Money email newsletter https://bit.ly/letstalkmoneyemail

Shannah Shares: Community Q&A
Have a Shannah Shares question, submit it here https://www.mmoneypodcast.com 
 
Follow Me Here for More Money Tips
Shannah on Twitter https://twitter.com/shannahgame 
Shannah on Instagram https://www.instagram.com/shannahgame/
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Learn more about your ad choices. Visit megaphone.fm/adchoices

The question I get asked the most is, "how much money should I save for retirement." In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement. There are endless calculators, blogs, and even podcasts that seek to answer this question. However, figuring out how much you need is a little more complex than completing a simple calculator. It all starts with visioning your future and understanding how much cash you'll need each year. From there, you can walk backwards into a target number that is right for your life. In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement.

Links

Investopedia article, How Much Do I Need to Retire

Retirement Income Calculator

NerdWallet article, How Much Should You Save for Retirement

smartasset Retirement Calculator

How to Train Your Brain to Achieve Money Goals episode

Episode Sponsors

A big thanks to our sponsors who made this episode possible.

Find out how Upstart can lower your monthly debt payments today when you go to UPSTART.com/mymoney. 

I want you to start living a happier life today. As a listener, you’ll get 10% off your first month by visiting our sponsor at http://www.betterhelp.com/mymoney. 

Sign up for Lendtable at Lendtable.com with promo code MILLENNIAL for an extra $50 off your Lendtable balance to start securing your financial future now. Visit Lendtable.com today to see how much you can make because it's never too late to start investing in future you.

 To see the new Lexus NX and to discover everything it was designed to do for you, visit Lexus.com/NX.

FOLLOW & SHARE

Leave us a 5-star review. Head to this link and let us know why you love the show. Reviews help us continue to grow and bring on more amazing guests. Thank you in advance! http://bit.ly/millennial-money.

Love this episode? Share it with a few friends so they can learn these valuable money concepts as well.

Be sure to FOLLOW and SUBSCRIBE to never miss an episode!

Sign up for my weekly Let’s Talk Money email newsletter https://bit.ly/letstalkmoneyemail

Shannah Shares: Community Q&A

Have a Shannah Shares question, submit it here https://www.mmoneypodcast.com 

Follow Me Here for More Money Tips

Shannah on Twitter https://twitter.com/shannahgame 

Shannah on Instagram https://www.instagram.com/shannahgame/

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Learn more about your ad choices. Visit megaphone.fm/adchoices