You have probably heard the rule of thumb that you need $1 million to retire. The problem is, that number is both too simple and often misleading. Depending on your lifestyle, income needs, taxes, and healthcare costs, $1 million could be far more than you will ever need or it could fall short.
In this video, I explain why the “magic number” does not work and what you should focus on instead. You will learn how to define your retirement number based on income, spending needs, taxes, and timing so your plan is built around your life, not just a round figure.
Because retirement planning is not about hitting a balance in your account. It is about creating steady income you can count on and a strategy that gives you the freedom to enjoy retirement with confidence.

News You Can Use
Get actionable financial advice delivered to your inbox a few times a month.