01/23/2023
When Saving For Retirement:
1. Create a budget: Set retirement goals and take into account income and monthly expenses to know how much you need to save per month.
2. Set automatic transfers: Set up transfers from your checking account to your retirement account, that way you don't forget to save.
3. Create an emergency account: Create a separate account to cover any unexpected costs. This should be 3-6 months of salary.
4: Pay down debt: Try to be debt free by the time you are 65. You don't want to enter you non-earning years owing money.
(Source: https://cnb.cx/3wdlpLz)