A few basic guidelines to follow if you want to retire comfortably
Depending on where you live, retirees could blow through $1 million in as little as 12 years according to a new report from GOBankingRates, a personal finance site. Since the average person retires at age 63 and has a life expectancy of about 85 so you should plan to spend 22 years in retirement. So how much money is enough? That is a highly personal question and depends on your lifestyle and spending habits; however, there are a few basic guidelines to follow if you want to retire comfortably. Read article here…