This is a good piece of advice from Fidelity and Reuters TV on how to plan for your retirement before reaching your retirement age. In order to enjoy your comfortable lifestyle or preparing the worst situation such as facing the economic crisis or being jobless before reaching the retirement age, you must start saving at the young age, plan your monthly budgeting carefully and cut down on unnecessarily spending.
How much you really need to retire - Money Clip
Fidelity says you should aim to have a nest egg equaling eight times your annual salary. Reuters Personal Finance Editor Lauren Young explains how you can get there.