How Much Money You Need!

We often see day dreams and wonder how it would be to win a large amount in Lottery or we might get some large heritage property from somewhere. Anything is possible in today’s world if we have lots of money. But you can’t just consider it as a day dream rather you can make it happen in real. But here is a question how much you need? Well this question is a bit tricky because you can never calculate the exact amount of money you want.

Suppose, you want to purchase a new car and for that you need $30,000. Now tell me, do you really want the money? No, all you want is the car. The same thing happens in case of retirement plan. Do you see a dream to have $50,00,000 in your 401K some day? If yes! Then why? If you keep this amount in your account for your entire life but you never utilize it. So if you really want $50,00,000 in your 401K some day; you have to make sure that you maintain a really good stander of living for you and as well as for your family.

What is a good stander of living all about? You want to live happily and peacefully. You want a bright career for your children. You want to enjoy life by going out for vacations, having good food and beverages. You want freedom to do any think you want. Here money is a way of getting all we desire. So a well planed savings of your money and a good maintenance of your budget could let you get what you desire to have in your life. But one thing which you should always keep in your mind, be focused on what you want for your happiness not for money.