We all know we should be saving for retirement, but how much should we be squirreling away?
Many of us are sailing toward retirement with the hope that Social Security, personal savings, and money saved in an employer's 401(k) or 403(b) plan will add up to the magic sum required to enjoy our remaining years in reasonable style.
But how to reach that goal can be a bit of a mystery. We all know we should be saving for retirement, but how much should we be squirreling away? And of the funds our company's plan offers, which should we choose?This article was provided with permission from Harvard Business School Working Knowledge.