Archive.fm

America's Wealth Management Show

Retirement Savings By Age

Broadcast on:
18 Sep 2023

The question, “How Much Do I Need to Retire?” certainly makes for an attention-grabbing headline. And we get it. It’s a very frequently asked question and we’ve even published an article with that exact headline. But if you’re expecting to read that article and get a definitive answer to that question that includes a retirement savings by age breakdown, that’s not what you’ll find. Unfortunately, a lot of people try to do back-of-the-hand math or use a retirement calculator to get the quickest answer possible to how much they should have in retirement savings by age. They’ll get an answer, but it won’t be correct. Why? Because your retirement savings be age goals and how much you need to retire can vary based on several different factors. Those factors include your goals, lifestyle, age, income, health, market volatility, inflation, interest rates, tax rates hikes, etc. Retirement Plan Checklist: https://bit.ly/3PDPOxf Don't Retire Without Doing These 8 Things: https://youtu.be/nbF2B5efXtc Kick Off Retirement Right!: https://youtu.be/9PncpnrJWXk What Is Longevity Risk?: https://youtu.be/OMoWFA7_NiE Optimizing Your 401(k) with Drew Jones: https://youtu.be/5NgsFAbXJaQ?si=hXUSu0Fp5IuXzxgB How Much Do People Actually Spend in Retirement?: https://youtu.be/-0UCr0PELkk Must-Knows for Couples Retirement Planning: https://youtu.be/o4eiAkWGc3k When Is It Time to Stop Saving for Retirement: https://youtu.be/UEkwSGMA_ZI Why Compound Interest Is Key: https://youtu.be/4HHC7MLDsc0 Can I Retire Early? Becoming Financially Independent: https://bit.ly/48iHMkw Roth vs. Traditional with Corey Hulstein & Bud Kasper: https://youtu.be/ASEEO30DZfI?si=LZnTdqQruuMQi9Wh 9 Items Retirement Calculators Miss (That Our Tool Doesn't): https://bit.ly/3PEUUt1 Retirement Planning Tool: https://bit.ly/3rdx5iC Meet with us: https://bit.ly/3EDJkIj