If you’re about a year away from retirement, one of the biggest questions on your mind is probably, “Do I have enough saved?”
In this video, I walk through an example of someone retiring at 65 who wants to spend $8,000 per month in retirement. You’ll see how Social Security fits in, what kind of portfolio balance is needed, and why factors like taxes, health care, and flexibility in spending can dramatically affect the answer.
I also explain why the old “4% rule” often falls short, and why a more flexible, personalized approach can help you avoid underspending in your healthiest years while still protecting you for the long run.
No matter if your target lifestyle is $4,000 a month or $12,000, whether you’re retiring in 12 months or a few years down the road, the framework I share here applies. The key is having a plan that adapts to your unique situation, so you can step into retirement with clarity and confidence.
News You Can Use
Get actionable financial advice delivered to your inbox a few times a month.