I am still rolling my plan around in my head. Balancing debt pay off, savings and possibly retirement planning. I appreciate the well thought out responses to my post about looking toward the future.
I realize that debt payoff is my number one goal. There should be no doubt about that. But I am wondering, as I mentioned, if I should at least start a retirement account. I won’t do that until my EF is full funded, but that should be done by the new year.
But this is essentially what I am considering as I make a plan. With a goal of starting it by the end of October.
So I’m here today to ask if anyone has set “retirement goals” as far as a set amount saved? And if so, how did you come up with that amount? Have you thought out a budget for your retirement years? Do you know of any resources for researching these types of numbers?