How to tell if you're doing better with retirement savings than your average American. Not everyone makes retirement and saving a priority early on there life. #retirement #money... ( read more )
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Preparing for retirement can be a daunting task, especially when you consider that many Americans aren't saving enough. Knowing whether you're on track with your retirement savings can give you peace of mind and help you adjust your finances as necessary. Here are some tips to help you determine whether you're doing better with retirement savings than the average American. 1. Calculate your retirement needs The first step is to determine how much you will need to save to retire comfortably. Use a retirement calculator to estimate your expenses, including healthcare costs, and factor in inflation.
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)