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Have you ever wondered how much you need to save for retirement?
This video will show a simplified way to create a retirement model.

Three questions will be covered in this tutorial:
-How much money do I want to live off when I retire?
-How much money do I need to have on the day I retire?
-How much do I need to save monthly?

Calculate the amount you need to save per month, how much you will have when you retire based on how much you save, and determining the future value of the money you want to live off.

Everything in the video is explained in an easy to understand way. Planning for retirement can be stressful and confusing. Learning how it works can put your mind at ease!

This video uses time value of money functions already built into Excel. Functions used and explained are: =PMT, =FV, =PV, =RATE, =NPER.

0:00 - Intro
1:10 - How much money do I want to live off when I retire?
3:14 - How much money do I need to have on the day I retire?
6:45 - How much do I need to save monthly?

I am not a financial advisor, so this video should not be taken as financial advise. Used for entertainment purposes only.

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