Budget Bucket #4 - Retirement Fund [Personal Finance Lesson 12]
There will come a day when you will not be able to continue to work (or don't want to continue to work). However, you will still need money to live. So the final bucket is for those moments.
Notice how I said moments. You might not want to work for an extended period much earlier so we're going to make that possible with this bucket.
Homework:
- When is the next time you would like to take an extended time off working?
- How much money will you need to make that happen?
PS. I am looking for a new topic to cover through these videos. If you have any suggestions on something you'd like to see, please let me know in the comments!
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