Money.CNN.com hosts an online calculator that estimates how much money you need to put away each year
Question:
Money.CNN.com hosts an online calculator that estimates how much money you need to put away each year if you want to retire at age 65 with 80% of your pre-retirement income. Go to cgi.money.cnn.com/tools/saveyoung/index.html to see your results.
If you are currently a full-time student, plug in your age at graduation and the annual salary you guess you will be making. Annual amount: $ To calculate how much you need to save each year to retire early at age 60, go the site and plug in your numbers. Annual amount: $ What are your current thoughts about retirement and your target age for retirement? How does knowing this information influence your retirement savings goals?
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