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How do I make a budget for saving for retirement?
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To create a budget for saving for retirement, begin by assessing your current financial situation. Consider all your sources of income, expenses, debts, and assets. Calculate how much you can comfortably put aside each month for retirement savings. Then, set achievable short and long-term goals for yourself. Make sure to keep those goals in mind when creating your budget and track your progress to stay on track. Finally, meet with a financial adviser to discuss options for investing in retirement accounts, such as a 401(k) or Individual Retirement Accounts (IRA).