In this episode, you will learn about:
- How to calculate how much you need for retirement
Click to listen:
If you live here in America, you must have heard some financial experts telling you that you need to save $1M in your retirement account to retire rich.
The amount you need to retire depends on several factors:
- Where you live
- If you have debt at retirement (Mortgage vs. no mortgage)
- Your health conditions
- Your lifestyle (Travel vs. not)
- The age you want to retire (62 vs. 70)
- Kids in college
Click to download the show note here.