How to retire well, a decade by decade guide

Posted at 7:20 PM, Apr 21, 2016

What do you think of when you hear the word retirement? Traveling, family time, volunteering?

One expert says retirement is not about an age but a financial number. Author of Retire Inspired Chris Hogan explains why it has to start with a dream.

He's counseled tens of thousands of people from their teens to their 70's on retirement planning. Chris Hogan is anything but conventional and he's turning the tables on the way many of us view the 4th quarter of our lives.

Financial expert Chris Hogan injects hope into every message. According to him if you still have breath you still have time.

The author of Retire Inspired uses phrases like dream in HD, retirement ID and focus on a figure.

We caught up with Hogan at the sold out Smart Conference in Orlando on Saturday. He says the number one mistake people make is they never make a plan.

Hogan who travels the country for speaking engagements instructs fans to clean up debt, get on a budget and boost what he calls their RIQ. That number allows anyone at any age to determine just what they need to retire and when. Anyone with 5 minutes and access to the internet can find that figure at

In his book Hogan breaks down a to do list for every decade. Retirement planning in your 20's,  start investing in a 401k or Roth IRA.

For people in their 30’s keep lifestyle in check, get out of debt and track every dollar with a budget.

For retirement planning in your 40's meet with an expert to determine whether your investments are on track and if you are behind build extra income to invest.

If you are in your 50’s, avoid new debt and if you are behind consider downsizing your home or picking up a part time job.

For people in their 60's make every dollar count and if possible pick up a part time job.