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>> There are lots of decisions to be made when planning for retirement.

We're here to help explain them in short.

Today let's talk about saving for the short-term versus the long-term.

Timing is a key for any savings plan but not all savings goals have the same timeline.

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A goal that's two years out will likely have a different savings approach than one that's 10 or even 20 years in the future.

For short-term goals such as an upcoming wedding or home remodeling project, you may want to consider saving your income instead of investing it.

It also helps to have a concrete number in mind to reach your goal and then build a budget around that target to see where you can cut down expenses.

On the other hand for your long-term goals such as retirement or your kid's education, you may want to consider options that give your money a better chance to grow such as investing in the stock market.

Also, you'll want to consider creating an emergency savings fund.

While your goals may be easy to predict, at some point in your life you'll likely be faced with an unexpected bill and that can be stressful if you're not prepared for it.

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Emergencies happen.

To be prepared, set a goal.

Experts suggest saving at least $2,400 but choose an amount that is comfortable for you.

Build up these savings by putting aside a small amount each month and take it when you need it.

Just be sure to replenish what you've taken out.

Check up on the progress of your savings with the retirement app.

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Plus, you can log into your account for access to more educational tools and financial wellness resources.

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[DESCRIPTION: On screen text. Prudential. Download the Retirement app at www.prudential.com/app. Log in to your account at retirement.prudential.com. This material is intended to provide information only. This material is not intended as advice or recommendation about investing or managing your retirement savings. By sharing this information, Prudential Retirement is not acting as your fiduciary as defined by the Department of Labor or otherwise. If you need investment advice, please consult with a qualified professional. Retirement Counselors are registered representatives of Prudential Investment Management Services, L L C (P I M S), Newark, New Jersey, a Prudential Financial company. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company (P R I A C), Hartford, Connecticut, or its affiliates. P R I A C is a Prudential Financial company. Copyright 2021 Prudential Financial, Incorporated and its related entities. Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Incorporated, and its related entities, registered in many jurisdictions worldwide. 1054124-00001-00. NOT01_VI_RE101_01.]