When planning for retirement, it’s important to keep in mind how much spending your savings can support. The decisions you make today can help improve your retirement readiness.
Beyond determining how much money to save, it’s useful to think about retirement in terms of how much income you’ll need after you stop working. Dimensional’s My Retirement Income Calculator is a great tool to help give you a sense of how much income your savings could provide in retirement. We can also show you a more comprehensive look at your current investments and future potential. Get in touch to learn more.