That depends on how you want to live when you retire. Consider the economy, your retirement benefit, and your health care costs. There are several retirement calculators on the web that can assist you. Consult your Banker or Money Manager and get assistance with planning your retirement.
You should put away at leasy 10% of everything you make. How much you will need will depend on when you retire.
No. Santa has too much work to do to retire. Plus, he is in perfect health and enjoys his work. No need.
You have to base your plans upon how much you'll need to live on when you do retire. Even if you don't know when you have to begin with that simple requirement and work towards saving enough so that you'll have it when you need it.
Do the math: a grand/month for 25 years (300 months). Cheers !
No, Santa Clause does not need to retire. He has time off from the holidays when winter ends. He also never dies.
How much can you earn, if you retire at 62 and still work.
if i retire at 62 can i still work? and how much can i make per year
where can i get info on how much will i receive from social security when i retire at age 62 or how can get in touch with social security
my partner is due to retire how much can he earn before it affects his benefits as he wants to continue to do part time work
no that was a seriously lie he just wanted to retire
retire... why? do you need help with something hun?
Unless there is a tax benefit that you want/need, you should retire a loan as soon as possible. I am assuming that there is no prepayment penalty, which may impact your decision. It is costing you money (in interest) while you have the loan.
There are many online saving retirement calculators. These calculators tell you how much you need to save, how much more you need, when you can retire, and how your net worth compares. This is useful for those wanting to be prepared for their retirement and have a good amount of savings to live on.
400,000 and a side job
Enough to retire his parents.
Nothing, unless you have a pension.
not enough to retire
enough to last you your lifetime. The earlier you start saving, the better it is. As long as you can live with the amount you save for retirement, you shall be fine after retirement.
If what you are trying to ask "What must one do to retire early", the answer is spend much less than you make and invest your savings wisely.
The average age is about 65, but I enjoy working so much that I probably won't retire until I am at least 75.
usually around $65 or $100 but in canada you will get much more that.