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Are you on the way to retiring on your own terms? - MSN.com

If you are in your 40s, it’s time to take a serious look at where you stand in preparing for your retirement. Your retirement is now only 20 to 25 years away. You may think that is a long time away, but in reality, it isn’t. Especially if your goal is to retire early. The amount you should save depends on your income, your lifestyle, and your personal goals.

Social Security is an integral part of your retirement plan, but it was never meant to be your only income when you retire. If you haven’t created a My Social Security Account online yet, you should consider it. It will allow you to see your earnings record and confirm each year that your earnings are correct. You will also be able to view your Social Security estimate. You can create your account using the following link ….

Also, for some additional thoughts on retirement planning, check out this MSN.com article by journalist Rafaela Stalbalk Klose.

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