Are You On the ‘If I’m Lucky’ Retirement Plan?

March 16, 2016

The other day, a friend asked me if contributing 18% of her salary into her 401(k) was enough to be saving for retirement. Instead of giving a simple yes or no answer as was expected, I had to answer with a question of my own, “Are you on track to retire?” Finding the answer to that question can seem complicated, but it doesn’t have to be. And unless you actually know whether or not you’re on track, it’s tough to make other financial decisions that may compete for your dollars. Continue reading “Are You On the ‘If I’m Lucky’ Retirement Plan?”