The standard amount should be “as much as you can”. It is recommended that you save 10-15% of your income for retirement, and starting as soon as you can. Being specific about what you want to do when you retire is the key to knowing how much you need to save.
Start saving today, and setting goals of what you want to save monthly. It is important to stick to your goals. Retirement is expensive and it is important that you take charge of your retirement goals. Learn what your employer offers you such as 401K and pension plans.
Paying for health insurance while you are retired is an obstacle that affects many people. This is why preparing for your retirement is imperative. Shopping around for the best insurance is important to find all the features that you need when you need them.
One of the most common questions is should I have my mortgage paid off by the time that I retire. This is an ideal situation, but there are several products that can help protect you, your family, and your home in the case of an unexpected event.