Comments on: How Much Money Do You Need to Retire? http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/ Restore Your Money - Renew Your Mind Tue, 07 Feb 2012 13:01:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: pension loan http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-20179 pension loan Tue, 28 Jun 2011 04:56:00 +0000 http://redeemingriches.wordpress.com/?p=742#comment-20179 If you have a Pension valued over £20,000 then you qualify for a Pension loan, (it must be a Personal Pension or a frozen ex company Pension) The amount you can borrow will depend on which scheme you choose.... If you have a Pension valued over £20,000 then you qualify for a Pension loan, (it must be a Personal Pension or a frozen ex company Pension) The amount you can borrow will depend on which scheme you choose….

]]> By: 5 Things Baby Boomers Must Know About Retirement Savings | Redeeming Riches http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-15134 5 Things Baby Boomers Must Know About Retirement Savings | Redeeming Riches Thu, 09 Sep 2010 17:36:47 +0000 http://redeemingriches.wordpress.com/?p=742#comment-15134 [...] Retirement is certainly on their minds and they are concerned about how much they need for retirement savings. [...] [...] Retirement is certainly on their minds and they are concerned about how much they need for retirement savings. [...]

]]> By: Retirement Advice: 5 Ways to Prepare Yourself for a Successful Retirement http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-8905 Retirement Advice: 5 Ways to Prepare Yourself for a Successful Retirement Thu, 22 Jul 2010 15:23:45 +0000 http://redeemingriches.wordpress.com/?p=742#comment-8905 [...] From a lot of the articles I’ve read to shows I’ve watched, the retirement advice seems to be about how you’re going to need a boat-load of money to retire these days! Do we really need that much for retirement? [...] [...] From a lot of the articles I’ve read to shows I’ve watched, the retirement advice seems to be about how you’re going to need a boat-load of money to retire these days! Do we really need that much for retirement? [...]

]]> By: » Are You Making These 5 Retirement Planning Mistakes? http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-5708 » Are You Making These 5 Retirement Planning Mistakes? Wed, 02 Jun 2010 13:38:15 +0000 http://redeemingriches.wordpress.com/?p=742#comment-5708 [...] is certainly a hot topic. Most people are concerned about how much they need for retirement, when they can retire or whether they should open up a Roth IRA or contribute to Traditional [...] [...] is certainly a hot topic. Most people are concerned about how much they need for retirement, when they can retire or whether they should open up a Roth IRA or contribute to Traditional [...]

]]> By: Jason http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-2697 Jason Thu, 25 Mar 2010 18:49:10 +0000 http://redeemingriches.wordpress.com/?p=742#comment-2697 Gordon, that's a great question about those being older and still trying to save for retirement. I know the answers sound basic and simple, but that's because they are - we have to save more, spend less and invest more wisely. I would also add earn more through diversification of income streams etc. online businesses are a great idea. I don't think being 55 precludes you from doing the things mentioned above. Gordon, that’s a great question about those being older and still trying to save for retirement. I know the answers sound basic and simple, but that’s because they are – we have to save more, spend less and invest more wisely. I would also add earn more through diversification of income streams etc. online businesses are a great idea.

I don’t think being 55 precludes you from doing the things mentioned above.

]]> By: Gordon http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-2657 Gordon Wed, 24 Mar 2010 03:57:41 +0000 http://redeemingriches.wordpress.com/?p=742#comment-2657 Seems to make sense. But every tie I search for "advise" about retirement income, the only answer that comes back is save more,spend less and invest more wisely. This is all well and good if you are 25 years old but what about if you are 55 and the years are short? Seems to me the only way to secure your retirement is earn more. Today, the only way, short of working at "BigMart" until you turn 85 yeas old, is start an online business. There is a learning curve but the possibilities are the most sensible and profitable. .-= Gordon´s last blog ..<a href="http://yourpathonline.com/2010/03/24/the-baby-boomer-workforce-faces-big-debt-problem/" rel="nofollow">The Baby Boomer Workforce Faces Big Debt Problem</a> =-. Seems to make sense. But every tie I search for “advise” about retirement income, the only answer that comes back is save more,spend less and invest more wisely. This is all well and good if you are 25 years old but what about if you are 55 and the years are short? Seems to me the only way to secure your retirement is earn more. Today, the only way, short of working at “BigMart” until you turn 85 yeas old, is start an online business. There is a learning curve but the possibilities are the most sensible and profitable.
.-= Gordon´s last blog ..The Baby Boomer Workforce Faces Big Debt Problem =-.

]]> By: The Rat http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-2249 The Rat Sun, 07 Mar 2010 19:01:00 +0000 http://redeemingriches.wordpress.com/?p=742#comment-2249 Lovin' this post! Did a thread just recently on something like it and it's always interesting to see what comments come from a post like this. Lovin’ this post! Did a thread just recently on something like it and it’s always interesting to see what comments come from a post like this.

]]> By: 401ks & IRAs - A Tax Time Bomb for Retirement | Redeeming Riches http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-1489 401ks & IRAs - A Tax Time Bomb for Retirement | Redeeming Riches Thu, 04 Feb 2010 20:35:58 +0000 http://redeemingriches.wordpress.com/?p=742#comment-1489 [...] Figure out how much you need for retirement [...] [...] Figure out how much you need for retirement [...]

]]> By: Jason http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-726 Jason Fri, 11 Dec 2009 11:16:27 +0000 http://redeemingriches.wordpress.com/?p=742#comment-726 Thanks for the comments! Des, the more you get that debt paid off (reducing expenses) and the more you save the easier that decision to "retire" will be. If you boil it down to that, it's pretty easy really. .-= Jason´s last blog ..<a href="http://feedproxy.google.com/~r/RedeemingRiches/~3/zhNfNjBYw48/" rel="nofollow">Why You’re Off Track for Your Retirement (And What to Do About It)</a> =-. Thanks for the comments! Des, the more you get that debt paid off (reducing expenses) and the more you save the easier that decision to “retire” will be. If you boil it down to that, it’s pretty easy really.
.-= Jason´s last blog ..Why You’re Off Track for Your Retirement (And What to Do About It) =-.

]]> By: Des http://www.redeemingriches.com/2009/08/03/how-much-money-do-you-need-to-retire/comment-page-1/#comment-720 Des Fri, 11 Dec 2009 05:04:17 +0000 http://redeemingriches.wordpress.com/?p=742#comment-720 For me, percentage of my current income is not a factor. It is income/expenses all the way. The only question is "How much do I need to have invested to generate enough to cover my expenses passively?" The more I save and the lower my expenses get, the closer I am. For me, percentage of my current income is not a factor. It is income/expenses all the way. The only question is “How much do I need to have invested to generate enough to cover my expenses passively?” The more I save and the lower my expenses get, the closer I am.

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