What should a single middle aged woman save monthly to have a decent amount set aside for retirement?

Asked by Britt

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Answered by Stacy Marcus, CDFA™ CFEI™ in New York, NY
Hello Britt, Hopefully you have already been saving, but if not its never too late to start. You should try to save as much as possible, but the key is to start. Do you already have an Emergency Fund? a 401(k) or other retirement account? An investment portfolio? In order to determine how much you need to save we need to determine how much you will need to maintain your lifestyle in retirement. A good financial advisor will walk you through and based on your answers create a solid financial plan to meet your current and future needs. I will be launching an educational financial planning and investment platform just for women by the end of the year, until then if you would like to have a complimentary consultation let us know. | 10.07.15 @ 18:15
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