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Retirement
How much is enough to save for Retirement?
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[QUOTE="Sotherefore, post: 236172, member: 27033"] If you are saving about $30 on monthly basis planning for your retirement, if you are saving it for 30 years that will really give you 55,000 dollars. The point is that after you are retired, you might likely want to buy a house in the countryside or maybe to buy it in the town depending on your choice preferences. Buying this house at this period of time just to spend your retirement years might even take up to this 55000 dollars you have saved for the past 20 years . If there's a way you can be able to save even up to $60 or even $100 on monthly basis , I think that will really help you go a very long way. Saving of $100 on monthly basis will give you about 200, 000 dollars in 20 years. With that amount it is quite possible for you to buy a house when you are retired to spend the rest of your life in . After you're done with that you can also have some money left for you to start up any business of your choice or any other investment you can ever think of. That's better to me, I don't know of you [/QUOTE]
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How much is enough to save for Retirement?
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