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Retiring might not be something you want to think about, especially if you are young and just beginning your career. However, if that career folds or if you are at a point in life when you are able to retire, there are some things that you can do early on so that you can succeed.

Budget
Think about the amount of money that you will need each month in order to survive. This includes any mortgage payments, car payments, food and recreational activities that you want to take part in when you retire. About 70% of your income before retirement is usually needed to live in a comfortable manner. Set aside money for health care as this will likely increase as well as any emergencies that might arise with a spouse or children.

Living Free
Some people want to travel while others simply want to live a life that is free of the hustle and bustle of the daily work life. This is why people retire in Austin, TX, and other cities where there are plenty of activities to keep you busy. Find an area where you are comfortable and that offers that living conditions that you desire. If you don't want to stay in one place, consider getting an RV and traveling across the country.

Saving Money
Even if it's stashing money away in a cookie jar, you need to begin saving money as soon as you begin your career. Some companies offer a retirement plan, which can add up to a large sum of money once you have been working with the company for a few years. Only use this money if it's needed before retirement as you might have to pay a penalty for withdrawing early.

Remember Family
Your family will still be important when you retire. Make them aware of your plans so that they don't think that you are simply quitting a job or sitting at home with no plan. Retirement is when you can spend more time with children and grandchildren in a way that is fun for everyone. Take your family on a vacation, or let everyone come to your home so that you can pass along a few traditions, such as cooking or sewing.

Retirement is more than just saving money for when you're older. Even if you're young, you can retire from a job that has given you success. Set aside money that you will need to survive, but don't forget to enjoy life in the process.

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