Know the 3 Retirement Concerns
Retirement means different things to different people. But all your needs, wants and dreams can be distilled into just 3 key factors – having enough money to maintain your current lifestyle, making your money last as long as you live and planning ahead to account for inflation.
It is recommended that you save 1/3 of your monthly salary now to have 2/3 replacement income when you retire.
Maintaining your standard of living now will cost you more in the future.