It’s the age old question — do you buy a bikini or new pair of Ray-bans now, or do you put the money aside for a nice cardie or a new pair of glasses when you’re 70?
The Accumulator
There’s little as daunting in life as thinking seriously about living in old age when you’re still young enough to do something about it.
How much income will you need when you retire? Pieces of string come in all different lengths, but here’s a few pointers to working out your requirements.
This week we’re rustling up a retirement plan and asset allocation using a few simple principles and a retirement calculator.