The Personal Finance Podcast

How to Plan Your Retirement (By Age!)


Listen Later

Retirement is not an age. It is a number. However, most people have no idea what their retirement number actually is. What if you could calculate it clearly and know exactly where you stand every year? Andrew will walk you through the complete process of finding that number, adjusting it every year, and taking the right steps at every stage of life to hit it in this episode. 


👉 Free retirement calculator to find your retirement number! Here


What You'll Learn in This Episode

  • How to calculate your exact retirement number step-by-step
  • The biggest mistake people make when estimating retirement (and how to fix it)
  • How to account for healthcare, inflation, and future lifestyle changes
  • What to prioritize financially in your 20s, 30s, 40s, 50s, and 60s
  • Why your 30s are the decade that makes or breaks your financial future
  • How to use the gap formula to figure out exactly how much you need invested
  • How to close the gap between where you are and where you want to be

  • Start Here 

    Join the community built to help you master your money, stay accountable, and reach financial freedom.  


    👉 Try Master Money Academy FREE for 7 days today!

    👉 Join Andrew’s FREE Investing for Beginners Masterclass.

    👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!


    Partner Deals


    • Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance
    • Policygenius → Free life insurance quote http://policygenius.com
    • Acorns → Start investing + get $5 bonus http://acorns.com/pfp
    • Monarch → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP
    • Shopify → Sign up for your one-dollar-per-month trial today at http://shopify.com/pfp  
    • Wayfair → Get 80% OFF on April 25th through the 27th http://wayfair.com  
    • DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/


      Episode/s Mentioned

      • How to Access Your Retirement Funds Early! 
      • How to Access Your Retirement Accounts EARLY (Roth IRA Conversion Ladder for the FIRE Movement)

      • Watch Next

        • 10 Reasons Smart People Are Bad With Money
        • The Money Plan for Couples: How to Build Wealth as a Team (Step-by-Step)
        • How to Invest in Real Estate (In ANY MARKET!)
        • The Best Financial Strategies (BY INCOME!)
        • Why Health is Wealth with Justin David Carl

        • Connect with Andrew

          • Instagram
          • Website
          • TikTok
          • X
          • LinkedIn
          • YouTube

          • Question for you:

            What decade are you in right now, and what is the one money move you are most focused on? Drop it in the comments below.

            Learn more about your ad choices. Visit megaphone.fm/adchoices

            ...more
            View all episodesView all episodes
            Download on the App Store

            The Personal Finance PodcastBy Andrew Giancola

            • 4.7
            • 4.7
            • 4.7
            • 4.7
            • 4.7

            4.7

            1,387 ratings


            More shows like The Personal Finance Podcast

            View all
            Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

            Afford Anything | Make Smart Money Choices

            3,565 Listeners

            Money Girl by QuickAndDirtyTips.com

            Money Girl

            1,852 Listeners

            Money Guy Show by Brian Preston and Bo Hanson

            Money Guy Show

            3,242 Listeners

            The Stacking Benjamins Show by StackingBenjamins.com | Money Podcast | Cumulus Podcast Network

            The Stacking Benjamins Show

            2,000 Listeners

            Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

            Your Money, Your Wealth

            816 Listeners

            ChooseFI | Financial Independence Podcast by ChooseFI

            ChooseFI | Financial Independence Podcast

            5,156 Listeners

            The Investing for Beginners Podcast - Your Path to Financial Freedom by By Andrew Sather, Stephen Morris, and Evan Raidt | Stock Market Guide to Buying Stocks

            The Investing for Beginners Podcast - Your Path to Financial Freedom

            1,416 Listeners

            NerdWallet's Smart Money Podcast by NerdWallet Personal Finance

            NerdWallet's Smart Money Podcast

            883 Listeners

            Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

            Stay Wealthy Retirement Podcast

            694 Listeners

            BiggerPockets Money Podcast by BiggerPockets

            BiggerPockets Money Podcast

            3,081 Listeners

            Ready For Retirement by James Conole, CFP®

            Ready For Retirement

            828 Listeners

            Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

            Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

            597 Listeners

            Mile High FI Podcast by Doug Cunnington & Carl Jensen

            Mile High FI Podcast

            205 Listeners

            Catching Up to FI by Bill Yount & Jackie Cummings Koski

            Catching Up to FI

            357 Listeners

            Rich Habits Podcast by Austin Hankwitz and Robert Croak

            Rich Habits Podcast

            509 Listeners