What are some effective retirement goals I should consider?
Effective retirement goals often include saving a specific amount, planning for healthcare, and considering lifestyle changes.
How much should I ideally save for retirement?
A common guideline is to save 15% of your income annually, aiming for 10-12 times your final salary by retirement.
What lifestyle changes should I prepare for in retirement?
Consider changes like downsizing your home, traveling more, or picking up new hobbies to stay active and engaged.
How can I ensure my savings last throughout retirement?
Diversifying your investments, creating a budget, and possibly working part-time can help ensure your savings last.
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