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How much do I really need to retire?

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:

<p><span style="color: rgb(255, 255, 255); font-family: arial, sans-serif; font-size: 11px; font-weight: bold; background-color: rgba(0, 0, 0, 0.74902);">The earlier you plan for retirement the better.</span></p>

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:

  1. Figuring out how to build a nest egg to meet your desires. This deals solely with money to be used in retirement.
  2. 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.

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