Читать книгу Personal Finance After 50 For Dummies - Eric Tyson - Страница 61

When determining how much money you need for your retirement plans, you want to think in terms of your goals and how much you should save per month to reach your desired goal given your current situation.

In Eric’s previous work as a personal financial planner and lecturer, he came across many folks who had done some basic number crunching or had consulted a financial advisor. Far too often, these folks got a number — a big, bad number like $3.8 million — stuck in their heads. That number was the size of the nest egg they supposedly needed many years in the future to achieve a particular standard of living throughout their retirement.

Rather than obsessing about a large number, you need to examine your own standard of living that can be provided by the assets you’ve accumulated or will likely accumulate by a preferred retirement age. You can then begin to put the numbers into perspective for your own individual case. We get to that task in the later section, “Crunching the Numbers.”