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SMART MONEY STRATEGIES FOR EVERY AGE AND SITUATION
Your 20s and 30s—Establishing Your Financial Foundation

Section 10 of 11:
RETIREMENT:
If I Start Now, How Much Do I Need To Save?
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Achieving financial security in your retirement years has never
been more important. The key to achieving a financially secure
retirement is to start early. The younger you begin, the more you
capitalize on your biggest ally: time.

Massive changes in society mean that more people than ever
before in human history will live in retirement for longer periods of
time. The only solution to the coming retirement crunch is to
understand your options, plan carefully to meet your goals and
follow through on your plan.

You can learn to micro-manage your funds so that your money
multiplies itself. Use the techniques and tips and action strategies
included here in combination with those included in the other
sections and watch your money grow.

Read on and reap the financial rewards!

Jordan E. Goodman
America’s Money Answers Man
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RETIREMENT:
If I Start Now, How Much Do I Need to Save?

Though it may seem eons into the future, retirement will be upon
you sooner than you think. You would be wise to start a retirement
savings program as soon as you have established yourself at your
first permanent, full-time job. The earlier you start saving, the more
you will accumulate by retirement.

For example, if you make $25,000 annually and begin saving $125
a month when you are age 25, and if you earn an average 8
percent rate of return, you will amass $288,647 by age 60. If
everything in this example remains the same except that you begin
your retirement savings at age 35, you will end up with $119,671.
And if you procrastinate until age 45,you will build up only
$43,543.

Clearly, you should begin saving as early as possible.

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Everyone’s Money Book on Retirement Planning
by Jordan E. Goodman

Americans are living longer. It’s not uncommon to see people living into their 80s, 90s, and even reaching the century mark. See how the Everyone’s Money Book on Retirement Planning can help you retire with style.

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Want fill-in-the-blank worksheets for your computer?
Everyone’s Money Software includes 36 easy-to-use worksheets
contained in Everyone’s Money Book (2nd Edition) to help you
apply Jordan’s advice to your situation quickly and easily.

With this software you will be able to:

Calculate your net worth.

Keep records (professional contacts and banking,
tax, brokerage, and insurance records)

Set and track progress toward your financial goals.

Analyze cash flow and budgeting.

Pick stocks using five styles
(cyclical, growth, income, out-of-favor and value).

Make mortgage calculations.

Determine if it’s better to buy or lease a car.

Pick the right amount of insurance
(auto, disability, homeowner’s and life).

Determine the best options for funding college.

Figure out how much to save for retirement.

Determine how much to put aside in your
Flexible Spending Account (FSA).

36 Easy-to-Use Worksheets

Works with all Windows and DOS-compatible computers

Click here to order for only $9.95:
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