How much income is enough for your retirement? This is a common question I get when sitting down with clients. However, this can be a difficult question to answer because there is no one size fits all solution. Determining how much income you will need is the first step to determining how much you need to save towards retirement. Please watch this video by Marlena Lee, PHD who is the Head of Investment Solutions at Dimensional funds. Marlena lays out a great framework to guide you through these decisions.
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