Taylor Leary and Bruce Larsen sit down and try to answer one of the most asked retirement planning questions: how much should a person save for retirement? Conventional wisdom on the subject ranges all over the place. Some experts suggest saving 1/10th of your income. Others set a target for 25 times your desired annual income at the time of retirement.
As Taylor and Bruce explore the question, one thing does become clear: before a person can know how much to save for retirement, there are a number of other factors that must be accounted for. Listen to Taylor and Bruce’s thoughts on the subject in Episode 35 of The Eagle’s Nest.