How Much Do You Need for Retirement?

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Talkin Cash

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There's no "magic number" but that doesn't stop people some throwing out the M word...Million. The figure used to be 1 Million for retirement but with inflation, cost of living increases, higher tax brackets, and satisfying our needs that number has quickly doubled to where 2 Million is the new amount necessary to save for a comfortable retirement. While everyone's situation is different, when so many Americans struggle to save for a rainy day, how can the majority of people even think about implementing a plan for retirement? Well, the time will come fast so do it while you can. We'll review the recommended figures and strategies for people at every stage in employment and give our own advice for where to start if you're struggling on planning for retirement. Hosts Zack Hayes and Ryan Kersten break it all down in this week's episode of Talkin Cash, now a part of the Struggle State and Pure Speculation Family. Follow us on Twitter @strugglestate and @wetalkincash Read More on StruggleState.com