Are You Financially Prepared to Retire? - Motley Fool
When you retire is not a good time to start planning for your future, as should be blatantly obvious. Optimally, retirement planning should begin early in your career, and include a disciplined savings strategy for one very important reason – Social Security will provide, at most, about 40% of your per-retirement income. So unless you plan to retire on 60% less money, you’ll need to find more income elsewhere, and your savings nest egg will likely be a important part of your retirement plan, as explained in this Motley Fool article by Maurie Backman. The article also reminds that healthcare costs will likely impact your overall retirement comfort, so plan ahead for that as well. Click here to read about 3 important moves which will make your future more secure.