How much do you need to retire?
It’s the question that nearly everyone thinking about retirement asks: “How much do I need to retire?” Many articles have been written on this topic, and a lot of them give a fairly complicated response which usually ends with the answer “It depends”. Reality is that there’s no magic number of how large your nest egg should be because everyone’s personal situation – financially, health-wise, and lifestyle-wise – is different. But there are three key factors you can evaluate to get your personal answer to that question of “how much”. This article by Maurie Backman at Fox Business website foxbusiness.com discusses the three key aspects of retirement, and how to tie them all together to answer the question for you. Click here to read more.