Money Rehab with Nicole Lapin

Winning Financially in 2025: Setting Yourself Up For Retirement

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Jan 8, 2025

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ADVICE

Retirement Planning

Know how much money you need for retirement before starting an IRA.
This involves predicting your retirement needs.

ADVICE

Calculate Your Retirement Budget

Calculate your retirement budget by considering three lifestyles: "rich enough", "pretty rich", and "super rich".
This helps determine your savings goal.

ADVICE

Calculate Total Retirement Savings

Multiply your annual expenses by your expected retirement years (20 or 30).
This determines your total retirement savings needs based on your chosen lifestyle.

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