Everyone tells you you’ll need millions to retire, let alone retire early. You hear it all over mainstream financial media, “You need FIVE million dollars” or “Three million dollars is enough, but you have to be frugal!” Even having half a million dollars in investments seems like a lofty goal for most Americans. Are these financial “experts” just out of touch with the everyday person? And if so, is there a way to retire with less than a million dollars? Surprisingly, yes!

Wes Moss, certified financial planner, money educator, and author of the best-selling book You Can Retire Sooner Than You Think, is here to show you that retirement isn’t that far away. Through some simple calculations, Wes enlightens us on how many Americans are already in the position to retire and why you don’t need many millions to live a comfortable post-work life. But that’s just the tip of this financial education iceberg.

We get into a much deeper discussion with Wes about what a happy retirement really looks like and the key signs that you’ll live a satisfying retirement life. There are two main factors to a happy retirement, and if you haven’t been paying attention to them, you can almost guarantee you WON’T enjoy financial freedom when you achieve it. So, if you want a happier, healthier, wealthier, and longer retirement, stick around!

In This Episode We Cover

The two most crucial factors of having a happy retirement (it’s NOT money)

Why you DON’T need to be a millionaire to retire or retire early

The wave of “unretired” and why those over fifty-five are going back into the workforce

Why eighty percent of Americans DON’T like their job and how this is hurting retirement investing

The multiple streams of income you need to retire on your terms

Social security, pensions, and other retirement income many Americans forget about in their calculations

And So Much More!

Links from the Show

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Money Moment

Bill Bengen (The Inventor of the 4% Rule) Talks Retirement, Past Crashes, and How You Can Withdraw Even More!

Motley Fool: The Retirement Planning Roadmap: 401(k)s, Real Estate, Bonds & More

Michael Kitces: Does the 4% Rule Hold During 2022’s Stock Market Crash?

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-492

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