As noted on the Tony Robbins blog, "you can't reach your financial dreams unless you know precisely how much it will take to get there."
The good news is, the number crunching is easy. Follow his simple formula to calculate how much money you'll need to enjoy your golden years without having to work.
Now that you have your "magic number" in mind, you can start working towards reaching that goal.
No matter how you choose to save, the most important step is to open at least one account.
Next, follow these three steps so your money can grow over time:
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