Creating a Financial Budget for Now and Retirement

  Create a 3-part budget, where you identify and plan the meeting of your financial needs at the following stages of your life: 1) meeting current needs 2) meeting financial needs 10 years out 3) meeting financial needs at retirement and beyond More info about me: I'm an American in my late 30s, no children, no wife, currently making about $54,750 a year. I don't have a home yet, living with relatives. I hope to own a home in the next 10 years. I have roughly $275,000 saved in 401k, and over 88,000 in savings, no car notes, just regular maintenance such as oil changes and repairs on a 2014 Nissan Rogue Ten years out from now, I hope to be making at least double the yearly income that I'm currently making. I should bought my home by then. Increased savings.