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Ep. 434: Let’s Play, ‘Will You Need That Much?’
We want to answer your questions about money. Email us and you may hear yours on the air: [email protected]
This week on the Pete the Planner Show, Pete and Damian get into the show in record time!
No time to listen? Here’s a preview of what happened and when:
Show Notes:
MAILBAG QUESTION #1: [2:07]
PETE: I major beef with retirement calculators. Do they assume people won’t reduce their expenses at all?
DAMIAN: Most people don’t want to live on less in retirement. Hopefully your health will be in good condition, and you may end up spending more with the extra time on your hands.
PETE: Most people accumulate priorities without shedding priorities
DAMIAN: That can be an absolute retirement plan killer.
WILL YOU NEED THAT MUCH?: [13:50]
Let’s look at the Ideal Budget and play a game. Do you think you will need more or less of the following expenses in retirement?:
HOUSING (25%) of your income: Damian – Less. Pete – Less
TRANSPORTATION (15%): Damian – Maybe a push. Pete – Less
FOOD (12%): Damian – Less. Pete – Maybe about the same.
Review the rest of the Ideal Budget with the Dunns in when you listen to the full show!
Play the rest of the show for more! — click PLAY below.
SIDE NOTE:
— Before you go, give your personal finances a facelift. Peep our personal guidance platform: Hey Money. —
The post Ep. 434: Let’s Play, ‘Will You Need That Much?’ appeared first on Pete the Planner®.
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By IBJ Media
4.6
241241 ratings
We want to answer your questions about money. Email us and you may hear yours on the air: [email protected]
This week on the Pete the Planner Show, Pete and Damian get into the show in record time!
No time to listen? Here’s a preview of what happened and when:
Show Notes:
MAILBAG QUESTION #1: [2:07]
PETE: I major beef with retirement calculators. Do they assume people won’t reduce their expenses at all?
DAMIAN: Most people don’t want to live on less in retirement. Hopefully your health will be in good condition, and you may end up spending more with the extra time on your hands.
PETE: Most people accumulate priorities without shedding priorities
DAMIAN: That can be an absolute retirement plan killer.
WILL YOU NEED THAT MUCH?: [13:50]
Let’s look at the Ideal Budget and play a game. Do you think you will need more or less of the following expenses in retirement?:
HOUSING (25%) of your income: Damian – Less. Pete – Less
TRANSPORTATION (15%): Damian – Maybe a push. Pete – Less
FOOD (12%): Damian – Less. Pete – Maybe about the same.
Review the rest of the Ideal Budget with the Dunns in when you listen to the full show!
Play the rest of the show for more! — click PLAY below.
SIDE NOTE:
— Before you go, give your personal finances a facelift. Peep our personal guidance platform: Hey Money. —
The post Ep. 434: Let’s Play, ‘Will You Need That Much?’ appeared first on Pete the Planner®.
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