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  Introduction: Most people aren't aware of this, but how much money you save for retirement is actually based on two factors: how long you work and how much you earn. This is because a lot of people want to retire, but don't have enough money saved. That's why it's important to choose the right strategy so that you can reach your goals faster than expected. One of the questions on everyone's mind, as they look to retire, is how much money they'll have to live comfortably. When you retire, there are logistics to think about and make sure your money lasts a long time. Most people think about how much money they'll need for their fundamental expenses (food, housing, entertainment) – but what about saving for education or other goals you may have? How much should you have saved for retirement? "How much money do most people retire with?" is a question I get asked a lot. The answer depends on a number of factors, but it's generally safe to say that...

  Introduction: What is the best monthly retirement income plan? Well, that's a very good question. The answer depends on your goals and timeframe. If you're just starting out and don't have enough savings to reach your goals then you may need to make changes to your monthly retirement income plan. There are several different ways to go about it. But at the end of the day, any one way won't be perfect for everyone. So do your research carefully and choose what works best for you. How much money will you need to retire? That depends on a lot of things, including your age, the cost of living in a particular region, your health, and lifestyle, and whether you have any other sources of income aside from Social Security. The average person retiring in 2015 should plan for about $1,329 per month in retirement income. This can be quite different depending on your personal situation, so how much do you need? Here are some factors to consider when planning for your monthly retir...

  Introduction: The 50/30/20 rule is an old finance cliche that goes something like this: If you earn under 50 percent of your gross income from your job, then save half of that 30 percent and invest the other 20 percent. The idea behind this bookkeeping magic number is to keep your spending in check so that you can have more goodies when the inevitable occurs: You can live off the money you've saved for at least a decade before having to dip into a retirement account, which means more free time later in life. What is the 50-30-20 rule for managing money? The 50-30-20 rule is a financial planning maxim that says you should spend no more than 50% of your income on your necessities, 30% on discretionary expenses, and 20% on savings. The idea behind the rule is that you have to have money left over for emergencies and for the unexpected. If you don't have any money set aside for these purposes, you'll be in trouble when something unexpected happens. For example, if you spend a...

  Introduction: How can you show your customers or clients that you offer value for money on your services? It's important to demonstrate the results of your work. You'll also want to showcase an idea or look that your company can only achieve by using your services. Quality is the key to convincing your prospects of the value of your service or product. You should always add value for money to your sales efforts, so it becomes easier for you to get the deal done and for your prospects to buy from you. How do you show value for money? There are many ways, but the most important is to ensure that you can deliver the product or service your customers want at a price they will pay for it. It's not about just getting the cheapest price possible. It's about making sure that you're offering them what they want at a price to which they are prepared to pay. You need to know what they want and how much they are willing to pay for it. You need to understand what motivates the...

  Introduction: The financial values of our generation may have a lot to do with the influence of mainstream media, social media, and the marketing industry. Here are what I think are the top three biggest influences on our financial values. We're often told that our values are shaped by our culture, parents, and religion. But what about the role our finances play in this decision? Well, there's plenty of research that demonstrates a strong correlation between the way we value money and where we live. How you were raised There are many factors that influence our financial values, but the three biggest ones are: How you were raised. If you were raised with a strong work ethic, that will likely stay with you as an adult. Your family’s financial situation. If your parents had to struggle financially and you saw them struggle, it’s likely that this will influence your values about money and finances in general. Your own personality. How you believe money should be spent is one of t...

  Introduction: Money values are values that are considered essential to the economy or society. There are many different kinds of money values including social worth, cultural artifacts, and historical artifacts, monetary units, and various types of currencies. Money can be a difficult concept for young people to grasp. How much money do you need to live on each month? Does it really matter if you have $5,000 left over from your paycheck? The good news is that there are some general principles that can help you make better choices about your money. Some money values There are many ways to measure money. The most commonly used is the price level, which measures the value of money in terms of goods and services. This type of measurement is also known as purchasing power parity (PPP). Another way to measure money is by using a currency unit such as one U.S. dollar, five British pounds, or ten Japanese yen. Here, the value of money is calculated by comparing it with other currencies t...

  Introduction: A recent report by the Boston Consulting Group identifies which US state has most wealth management firms. The study, entitled "The Global Wealth Management Landscape", focused on 10 key states where wealth managers and financial advisors focus most of their activities. As Americans continue to invest more in the stock market and real estate, high-net-worth individuals (HNWIs) will likely see the value of their wealth increase, considering a recent report by the State of Investment Report 2015. According to this independent report, California leads the pack with 908 investment firms in 2014. Wealth management firms in the United States have incredible diversity. While most of them focus on private investment solutions, some go beyond that and offer clients legal, accounting, and health consultancy services too. Below is an overview of all 50 states' wealth management experts based on their size, revenue, and a number of employees. New York New York is the ...