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This episode explains the practical side of retirement planning.
Ultimately, the question you need to answer is, “Can you replace your current income so that you can maintain your standard of living in retirement?”
Retirement planning is “paycheck replacement” planning.
What’s essential is that you save enough to replace your income.
Did you know that the worst thing you can do is….
Wait and do nothing.
Did you know that the most common money question and worry is,
“Will I have enough money?”
Retirement Planning is answering that question to your satisfaction.
Your nest egg is all that you have to cover your expenses for the rest of your life. You must have enough money in your nest egg to cover the rising prices of your lifestyle during retirement.
So, your nest egg must be sufficient to cover the inflation adjusted costs of what you spend now.
A sufficient nest egg equals freedom.
You deserve freedom.
You’re worth it.
Listen to this episode to learn how to create your necessary retirement.
Podcast Cheatsheet:
Retirement Definition - 2:35
Retirement’s #1 Goal - 15:52
Episode’s Rich Behavior - 20:57
Ready to Start Behaving Wealthy:
https://www.behavingwealthyacademy.com/roi-retirement-roadmap
Share this podcast with your friends:
Spotify - https://open.spotify.com/show/6uwUCj8c971XUJgbOOAH9h
Apple Podcasts - https://podcasts.apple.com/us/podcast/the-high-worth-%24hift/id1654041671
Amazon - https://music.amazon.com/podcasts/c76f2f81-4fff-4d6e-8943-d31e298d5e85
Google - https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL2hpZ2h3b3J0aHNoaWZ0L2ZlZWQueG1s?sa=X&ved=2ahUKEwj8zdXUzsf7AhVamFYBHcZnBwoQ9sEGegQIARAC
Want the video of this podcast?
Youtube - https://youtu.be/XWy9WQH_k54
By Robin A. Young, CFP®This episode explains the practical side of retirement planning.
Ultimately, the question you need to answer is, “Can you replace your current income so that you can maintain your standard of living in retirement?”
Retirement planning is “paycheck replacement” planning.
What’s essential is that you save enough to replace your income.
Did you know that the worst thing you can do is….
Wait and do nothing.
Did you know that the most common money question and worry is,
“Will I have enough money?”
Retirement Planning is answering that question to your satisfaction.
Your nest egg is all that you have to cover your expenses for the rest of your life. You must have enough money in your nest egg to cover the rising prices of your lifestyle during retirement.
So, your nest egg must be sufficient to cover the inflation adjusted costs of what you spend now.
A sufficient nest egg equals freedom.
You deserve freedom.
You’re worth it.
Listen to this episode to learn how to create your necessary retirement.
Podcast Cheatsheet:
Retirement Definition - 2:35
Retirement’s #1 Goal - 15:52
Episode’s Rich Behavior - 20:57
Ready to Start Behaving Wealthy:
https://www.behavingwealthyacademy.com/roi-retirement-roadmap
Share this podcast with your friends:
Spotify - https://open.spotify.com/show/6uwUCj8c971XUJgbOOAH9h
Apple Podcasts - https://podcasts.apple.com/us/podcast/the-high-worth-%24hift/id1654041671
Amazon - https://music.amazon.com/podcasts/c76f2f81-4fff-4d6e-8943-d31e298d5e85
Google - https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL2hpZ2h3b3J0aHNoaWZ0L2ZlZWQueG1s?sa=X&ved=2ahUKEwj8zdXUzsf7AhVamFYBHcZnBwoQ9sEGegQIARAC
Want the video of this podcast?
Youtube - https://youtu.be/XWy9WQH_k54