Everyone's Talkin' Money

The 4 Keys to Figure Out How Much to Save For Retirement


Listen Later

The question I get asked the most is, "how much money should I save for retirement." In this solo episode, I'm sharing 4 steps to figuring out how much money you save during your working years for retirement. There are endless calculators, blogs, and even podcasts that seek to answer this question. However, figuring out how much you need is a little more complex than completing a simple calculator. It all starts with visioning your future and understanding how much cash you'll need each year. From there, you can walk backwards into a target number that is right for your life. In this solo vualt episode, I'm sharing 4 keys to figuring out how much money you save during your working years for retirement.

Links

Investopedia article, How Much Do I Need to Retire

Retirement Income Calculator

NerdWallet article, How Much Should You Save for Retirement

smartasset Retirement Calculator

How to Train Your Brain to Achieve Money Goals episode


Episode Sponsors

Thanks to Chime for sponsoring the show. Get started with Chime today. Applying for a free account takes less than 2 minutes. Get started at chime.com/mymoney.

Thanks to the Jordan Harbinger Show for sponsoring this episode. Search for The Jordan Harbinger Show on Apple Podcasts, Spotify, or wherever you listen to podcasts.

Taking care of your employees is more important than ever. With Gusto, everything you need to hire, pay, manage, and support your hardworking team is in one modern solution: Gusto’s people platform. Get 3 months free when you sign up at gusto.com/mymoney.

Thanks to Shopify for sponsoring the show. Shopify is more than a store. Connect with your customers. Drive sales. Manage your day-to-day. Go to http://www.shopify.com/mymoney for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features.

Thanks to Ladder for sponsoring the show. Go to http://www.Ladderlife.com/mymoney to see if you’re instantly approved for Life Insurance to provide for your family if the unthinkable happens.


FOLLOW & SHARE

Leave us an honest rating and review. Head to the podcast player you’re listening to this episode in to leave us a review. Reviews help us continue to grow and bring on more amazing guests. Thank you in advance! 

Love this episode? Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode!

Have a Shannah Shares question? Submit your question here https://bit.ly/shannahshares

Follow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgame

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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

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

Everyone's Talkin' MoneyBy Shari Rash | Financial Advisor for Women & Founder of GWA Wealth

  • 4.2
  • 4.2
  • 4.2
  • 4.2
  • 4.2

4.2

639 ratings


More shows like Everyone's Talkin' Money

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

Afford Anything | Make Smart Money Choices

3,567 Listeners

Generation Why: True Crime by Audible

Generation Why: True Crime

17,323 Listeners

Money Girl by QuickAndDirtyTips.com

Money Girl

1,853 Listeners

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

The Stacking Benjamins Show

2,003 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,963 Listeners

The Vanished Podcast by Audible

The Vanished Podcast

15,275 Listeners

This Is Actually Happening by Audible

This Is Actually Happening

10,439 Listeners

Good Life Project by Jonathan Fields / Acast

Good Life Project

3,377 Listeners

Optimal Finance Daily - Financial Independence and Money Advice by Optimal Living Daily | Diania Merriam

Optimal Finance Daily - Financial Independence and Money Advice

1,263 Listeners

HerMoney with Jean Chatzky by Jean Chatzky Her Money

HerMoney with Jean Chatzky

1,481 Listeners

True Crime All The Time by Emash Digital

True Crime All The Time

13,828 Listeners

ChooseFI by ChooseFI

ChooseFI

5,153 Listeners

The Minds of Madness - True Crime Stories by Grip Tape

The Minds of Madness - True Crime Stories

6,736 Listeners

American History Tellers by Audible

American History Tellers

19,238 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,085 Listeners

Business Wars by Audible

Business Wars

12,830 Listeners

Frugal Friends Podcast by Jen Smith & Jill Sirianni | Backyard Ventures

Frugal Friends Podcast

1,241 Listeners

American Scandal by Audible

American Scandal

19,133 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

452 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,432 Listeners

Against The Odds by Audible

Against The Odds

7,797 Listeners

Financial Feminist by Her First $100K

Financial Feminist

6,473 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

355 Listeners

Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans by Vanessa and Shana | Budget Besties | Bougie On A Budget | Dave Ramsey Fans

Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

307 Listeners

Budget Effect: How to Budget, How to Pay off Debt, Save Money, Live on a Budget, Improve your Money Mindset on a single income by Erin Britt | Budget Strategy Coach

Budget Effect: How to Budget, How to Pay off Debt, Save Money, Live on a Budget, Improve your Money Mindset on a single income

84 Listeners