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Secrets Of A Dream Retirement
English —
Unit 5
view on YouTube
by
CNN Business
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0s
Retirement
today
isn't
just
the
end
of
your
daily
commute,
it's
the
beginning
of
your
second
act
4s
What's
the
key
to
a
happy
retirement?
7s
The
answer
to
that
question
depends
on
you
9s
For
some
people
we
talk
to,
that
means
sailing
around
the
world
or
maybe
moving
to
Costa
Rica
14s
or
even
starting
a
second
career
sky-diving
17s
These
happy
retirees
all
have
one
thing
in
common:
planning
22s
They've
saved
enough
to
live
comfortably
and
pursue
their
retirement
dreams
26s
but
get
this:
most
Americans
spend
more
time
planning
their
vacations
than
planning
their
retirement
32s
So
where
to
start?
Know
your
magic
number:
how
much
money
you'll
need
for
retirement
37s
Here's
Fidelity's
rule
of
thumb.
You
need
at
least
8
times
your
ending
salary
for
a
25
year
retirement
43s
So
let's
say
you're
$60,000
a
year
when
you're
67
46s
You
need
nearly
half
a
million
dollars
($500,000)
to
retire
49s
Start
small.
Aim
to
save
one
time
your
salary
by
age
35
and
then
go
from
there
55s
An
easy
tip
to
start
building
that
portfolio:
Fidelity
recommends
saving
1%
more
than
you
do
right
now
61s
You
probably
won't
miss
it
and
it
really
adds
up
64s
Let's
go
back
to
that
$60,000
salary.
If
you
save
an
extra
1%,
that's
$50
a
month
69s
That
can
translate
into
an
extra
$270
in
retirement
73s
So
whatever
your
retirement
dreams,
start
working
on
a
roadmap
to
retire
your
way
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