Calculate how much you need to save to ensure a smooth and comfortable retired life.
Go online to calculate how much you’ll have saved when you retire, based on your current investments. That way, you’ll know if it’ll be enough for the kind of retirement you have in mind.
When you’re nearing retirement, it’s good to keep aside at least two years’ worth of liquid savings. Then, even if the market sees a downturn, you won’t have to suddenly sell your investments for less.