Sorry — I dropped the ball! My Mom was ill and I was fortunate enough to be able to take care of her — but it meant my business went on the back burner for a couple of months. I’m back, so I’ll get the rest of these out in the next couple of days.

True or False: For retirement, you need to save ten times your final salary.

FALSE. That’s a nice start, but you may need more. This figure is like picking a number out of the air. Retirement is personal and what you need will vary depending on your plans and situation.

It also depends on how long you live! MAP suggests you use a retirement calculator. There are good ones available at Kiplinger and Bankrate.