ESTIMATE YOUR RETIREMENT INCOME NEEDS. Take your annual salary. Subtract how much you save each year and pay in Social Security payroll taxes. Also subtract your annual debt payments, including your mortgage—assuming these debts will be paid off by retirement. Result: You’ll know roughly how much you will need each year for a comfortable retirement.
The post This Week/April 1-7 appeared first on HumbleDollar.
Published on April 01, 2018 00:37