The Money Wire

Retirement Savings - How Much Do You Need?


Listen Later

The tradersuggest.com article explains the multifaceted process of determining how much money an individual needs to retire comfortably. It emphasizes the personal nature of this calculation, highlighting the influence of lifestyle, expenses, and life expectancy. The article introduces key concepts like the 80% rule for estimating annual expenses and the 4% rule for calculating necessary savings, while also discussing various income sources in retirement and factors that can alter savings goals. Ultimately, it guides readers through creating a retirement plan, stressing the importance of early saving and regular adjustments.


https://tradersuggest.com/how-much-do-i-need-to-retire/

“The Money Wire delivers sharp insights, breaking trends, and expert takes on business, finance, and the global economy—straight to your ears.”
...more
View all episodesView all episodes
Download on the App Store

The Money WireBy Adidas Wilson


More shows like The Money Wire

View all
Bill Michaels Sports by Audacy

Bill Michaels Sports

81 Listeners