How much do I need to retire?
Most people see this and expect to read something like, "$1 million is a safe bet." But that's not how I hear the question anymore. Now, I see two distinct takes:. Now, I see two distinct takes:
- Figuring out how to build a nest egg to meet your desires. This deals solely with money to be used in retirement.
- Carefully examining your desires to figure out what's really necessary. This is much bigger, dealing with lifestyle choices throughout your life.
The former is written about ad nauseam; there's a very simple equation to answer that question. The latter is usually considered too "touchy-feely" to be worthy of a finance website.
But our goal at the Motley Fool is "To help the world invest — better." Usually, that means investing your money in stocks. But occasionally, it can mean helping you to invest your attention and time in ways that'll make your life better.