How Much Is Enough for Retirement? (Mini-Episode)

Paul was in a conversation with a friend who told him to save 15% more than he expects he'll need for retirement. He sent us a question asking if his friend was right.

The core of the question is this:

How do you know if you'll have enough money for retirement?

 

The problem is there is no easy way to know your "number" because it's tied to your life and what you dream for the future.

  • How much do you save?
     
  • How much do you spend?
     
  • Do you want your money to sit in the market or a pension?
     
  • What is your bent towards investing?
     
  • What is the life you dream for in retirement?

 

Do you have a plan built specifically for you and your future?

 

It's easy to show you what it looks like using some simple tools. Here are some of my favorite blogs for you to read more, or you can reach out to our team and we can discuss your specific plan.