Step 6: Retirement Calculator

The earlier you plan for retirement, the better off you will be. Compound interest is your friend!

There are several different types of retirement accounts, the most famous ones being Roth IRA, Traditional IRA, and 401k. IRAs are to be opened by you, and 401ks by your employer.

I created this retirement planning document to help you calculate how much passive income you need to be financially independent. This if for informational purposes only and is not financial advice. Enjoy :)