The Equity Compensation Guidebook

How Much Do You Need for Retirement?, Ep 12


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I see articles at least once a month with advice on how to answer the question of how much you need to save for retirement. These articles all have common themes to them but there is no consistent answer. It's an individual situation. Many articles say things like having 10 times your income is the answer. This might be applicable to the 64 year old who is getting ready to retire but what about a 30 year old who has her best income earning years ahead? Tune in to hear my take on this age old question.

 

You will want to hear this episode if you are interested in...
  • The loaded question the financial media loves to ask [0:21]
  • Why 10x your income isn’t right for everyone [1:27] 
  • Know what you spend! [3:18]
  • Projecting what retirement will look like [4:18]
  • Knowing your inflow numbers [5:07]
  • Getting a back of the napkin rough estimate [6:00]
  • The sales tip section: Accomplishments [7:29]
  • This week’s FLASHBACK [8:33] 
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The Equity Compensation GuidebookBy Daniel Johnson