7/22/2014 – How Much Will You Need to Retire?

The classic idea of retirement is a life of uninterrupted leisure is evolving. With people living longer, they’re more active in the early years of retirement, and many choose to focus this energy on a retirement lifestyle that’s much different than the stereotype. In this kind of retirement, people may do volunteer work, start a new business (preferably one that doesn’t require a lot of capital), take care of their grandkids during the day or work part-time to stay busy.

Of course, many retirees work part-time to reduce the strain on their savings. So how much do you need to retire?

Read the full article at ABC News.