9 Steps to Early Retirement

2) Set Your Goal- How Much Do You Need To Save?

Once you know what your current financial situation is, you will need to determine how much money you will need to save in order to retire. This is not always an easy question to answer. There are a lot of things to factor into this decision. You can speak to a financial consultant who will ask you all the pertinent questions for you and come up with a the number you need for your nest egg. If you don’t have a financial consultant, there are some online tools that you can help you with calculating this number, like this this retirement savings calculator from Kiplinger.