The amount of money the experts say you need for retirement is being tossed around a lot lately. Some say that you need $1.2 million to have a happy retirement. Most people will never be able to accumulate that much money in savings. If you are in that category, here are some tips on how to prepare for a happy retirement.
As you get older, it is natural to wonder if you have enough retirement savings. It can be hard to estimate how much you need because the future has a degree of uncertainty in it. You have no idea what your health will be like—or your spouse’s—when you retire, your retirement goals may change, and your financial condition can fluctuate.