Tuesday, April 17, 2007

 

Study Sets Guidelines for Saving for Your Retirement

From a quintet with credentials comes the answer to a question that baffles working Americans: How much do I need to save now to maintain my lifestyle in retirement?

The answer, in a study, amounts to: "It depends."

I am not trying to be cute. "It depends" must be the answer because how much you need to save depends on how much you want to spend later, how much you have already saved and how long you have before retirement, among many factors.

Study Sets Guidelines for Saving for Your Retirement
Source: LA Times

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