Everyone's Talkin' Money

4 Steps to Figuring Out How Much Money Should You Save For Retirement


Listen Later

The question I get asked the most is, "how much money should I save for retirement." In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement. There are endless calculators, blogs, and even podcasts that seek to answer this question. However, figuring out how much you need is a little more complex than completing a simple calculator. It all starts with visioning your future and understanding how much cash you'll need each year. From there, you can walk backwards into a target number that is right for your life. In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement.


Links

Investopedia article, How Much Do I Need to Retire

Retirement Income Calculator

NerdWallet article, How Much Should You Save for Retirement

smartasset Retirement Calculator

How to Train Your Brain to Achieve Money Goals episode


Episode Sponsors

A big thanks to our sponsors who made this episode possible.

Find out how Upstart can lower your monthly debt payments today when you go to UPSTART.com/mymoney

I want you to start living a happier life today. As a listener, you’ll get 10% off your first month by visiting our sponsor at http://www.betterhelp.com/mymoney

Sign up for Lendtable at Lendtable.com with promo code MILLENNIAL for an extra $50 off your Lendtable balance to start securing your financial future now. Visit Lendtable.com today to see how much you can make because it's never too late to start investing in future you.

 To see the new Lexus NX and to discover everything it was designed to do for you, visit Lexus.com/NX.


FOLLOW & SHARE

Leave us a 5-star review. Head to this link and let us know why you love the show. Reviews help us continue to grow and bring on more amazing guests. Thank you in advance! http://bit.ly/millennial-money.

Love this episode? Share it with a few friends so they can learn these valuable money concepts as well.

Be sure to FOLLOW and SUBSCRIBE to never miss an episode!

Sign up for my weekly Let’s Talk Money email newsletter https://bit.ly/letstalkmoneyemail


Shannah Shares: Community Q&A

Have a Shannah Shares question, submit it here https://www.mmoneypodcast.com 

 

Follow Me Here for More Money Tips

Shannah on Twitter https://twitter.com/shannahgame 

Shannah on Instagram https://www.instagram.com/shannahgame/

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

Everyone's Talkin' MoneyBy Shari Rash | Financial Advisor for Women & Founder of GWA Wealth

  • 4.2
  • 4.2
  • 4.2
  • 4.2
  • 4.2

4.2

639 ratings


More shows like Everyone's Talkin' Money

View all
Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

Afford Anything | Make Smart Money Choices

3,567 Listeners

Generation Why: True Crime by Audible

Generation Why: True Crime

17,323 Listeners

Money Girl by QuickAndDirtyTips.com

Money Girl

1,853 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Money Podcast | Cumulus Podcast Network

The Stacking Benjamins Show

2,003 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,963 Listeners

The Vanished Podcast by Audible

The Vanished Podcast

15,275 Listeners

This Is Actually Happening by Audible

This Is Actually Happening

10,439 Listeners

Good Life Project by Jonathan Fields / Acast

Good Life Project

3,377 Listeners

Optimal Finance Daily - Financial Independence and Money Advice by Optimal Living Daily | Diania Merriam

Optimal Finance Daily - Financial Independence and Money Advice

1,263 Listeners

HerMoney with Jean Chatzky by Jean Chatzky Her Money

HerMoney with Jean Chatzky

1,481 Listeners

True Crime All The Time by Emash Digital

True Crime All The Time

13,828 Listeners

ChooseFI by ChooseFI

ChooseFI

5,153 Listeners

The Minds of Madness - True Crime Stories by Grip Tape

The Minds of Madness - True Crime Stories

6,736 Listeners

American History Tellers by Audible

American History Tellers

19,238 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,085 Listeners

Business Wars by Audible

Business Wars

12,830 Listeners

Frugal Friends Podcast by Jen Smith & Jill Sirianni | Backyard Ventures

Frugal Friends Podcast

1,241 Listeners

American Scandal by Audible

American Scandal

19,133 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

452 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,432 Listeners

Against The Odds by Audible

Against The Odds

7,797 Listeners

Financial Feminist by Her First $100K

Financial Feminist

6,473 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

355 Listeners

Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans by Vanessa and Shana | Budget Besties | Bougie On A Budget | Dave Ramsey Fans

Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

307 Listeners

Budget Effect: How to Budget, How to Pay off Debt, Save Money, Live on a Budget, Improve your Money Mindset on a single income by Erin Britt | Budget Strategy Coach

Budget Effect: How to Budget, How to Pay off Debt, Save Money, Live on a Budget, Improve your Money Mindset on a single income

84 Listeners