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Market analysis: What are the current trends in your industry? Are you currently earmarking 15% to 20% of your income for retirement? But if you’re starting a business, then you generally won’t have income to put toward retirement at first. How would you describe your product or service offering? Who are your target customers?
These can include retirement savings, building an emergency fund or paying down debt. However, it does show you how much you must save each month to hit your retirement savings targets and whether you’re on track to do so. The app really goes into detail in its retirement dashboard.
If you tend to reach for your debit card without thinking, for example, you might wrap the card in a post-it note or sleeve that has one of your goals written on it, like your planned retirement date or a photo that represents your next big trip.
It’s already helped me develop a working financial plan for the next few years, as well as a retirement plan. It states that 61% of Americans feel stressed about preparing for retirement. I realized I’m part of this group, primarily because I don’t have a concrete retirement plan.
When trying to plan your financial future, retirement, or even weekend date, you want to save as much money as possible, while keeping a close eye on your personal finances. With Bloomberg Mobile you can easily navigate price quotes, get real time market data, place trades, and even get an up to the minute market trend analysis.
The Rocket Money app allows you to add accounts to your dashboard, including your checking, savings, creditcard and investment accounts. The retirement planner section looks at your current savings, yearly savings, marital status, and more to see if you’re on track for your retirement goals.
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