Are You Saving Enough to Retire?

Danya here.  This one gets me, because my husband has been in the Navy for 20 years and 9 months.  Not that I am counting or anything.  My point is that at any time he can make the choice to retire.  That scares me a little, nope, a lot!  I just watched our best friend’s family make the transition from the Navy to the civilian world and it was NOT easy!  I am hoping this article will help with at least the financials a bit.  Are we saving enough?  We have used USAA from day one and they have never steered us wrong.

saving enough

Content provided courtesy of USAA.

If you are on the verge of retiring, it’s understandable to question whether you have adequate savings to live comfortably.

USAA financial advisors recommend having roughly 10 to 12 times your final salary in savings before you start retirement. In addition, you may want to see if you’re on track by accessing an online retirement calculator.

Here’s another simple method to check whether you’re in good shape or likely to come up short:  continue reading here.

Please share your retirement tips below