As our nation ages and the baby boomers become closer and closer to the age of retirement, the question comes up over and over again, how much money is enough?
When figuring out how much money to have on hand in retirement packages and investments, you will need to calculate the total cost of living for each of the years you plan on living past retirement. The cost of living will not only include food and general supplies, but also the cost of any house and car payments as well as additional monies to live on for those years when you are not working.
If there is simply not enough time to save, a part time job in a field that is less than stressful, may help to benefit the savings for the future.