This news isn't about cryptocurrencies like Bitcoin or Ethereum! It's about planning for retirement. Retirement is when you stop working and enjoy your time. Planning ahead is super important so you have enough money.
- Retirement needs a budget, just like buying a toy!
- You need to figure out how much money you'll get (income) and how much you'll spend (expenses).
- A good rule is to think you'll need about 80% of what you earned while working.
| Income Source | Example Amount |
|---|---|
| Social Security | $2,800 per month (example) |
| Retirement Savings | $1.1 million (example) |
