Let Us Help Your Money to Help You
At UKFCU, our mission is simple: members helping members achieve financial well-being. There are many ways to accomplish this, but being mindful with your money is one of the best ways to start. With our Mindful Money section, we have compiled a collection of articles on retirement, investments and much more to give you the ability to plan for the future and get the most out of your finances.
Estimating Your Retirement Income Needs
You know how important it is to plan for your retirement, but where do you begin?
One of your first steps should be to estimate how much income you'll need to fund your retirement. That's not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your goals and many other factors.
Simply put, you need to find your retirement number!