How to Retire Early with $6,000 A Month in Retirement Income

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  • Опубликовано: 12 янв 2025

Комментарии • 58

  • @yourfinancialekg
    @yourfinancialekg  Год назад +1

    **To schedule your virtual retirement and investment consultation with Drew, please select a day & time that works best for you: calendly.com/pearlwealthgroup/discoverycall **

  • @marciaadams5561
    @marciaadams5561 Год назад +4

    Thanks for creating this video. It was short and straight to the point!
    This video helps create a goal for us viewers to strive to reach. Thanks again!

  • @DarthEvan66
    @DarthEvan66 Год назад +5

    Great video! Quick and gives me a target to go for. Thanks 😎

  • @zibadana9599
    @zibadana9599 11 месяцев назад +1

    That was awesome! You answered my question in short and sweet. Thank you❤

  • @ACCOMPLISHEDSHEIS
    @ACCOMPLISHEDSHEIS Год назад +2

    I can definitely do this living in condo or small home. No need to rent.

  • @jameskelly9243
    @jameskelly9243 10 месяцев назад +1

    As a couple we will be retiring In a few months full retirement age. We will be getting real close to 6,000 a month on SS.

  • @chipthigpen3173
    @chipthigpen3173 Год назад +1

    Great video, Josh! I always enjoy your content. I am 50, and have a decent amount saved in my 401K and Roth IRA/brokerage accounts, and am hoping to reach financial freedom by 55 or 56, once my mortgage is paid off. I try to not use the term retirement, because I still plan on doing something to make a little money, maybe waiting tables at a beach front restaurant on the Gulf Coast or selling t-shirts outside of a National Park. 🤩The figure needed in your example is a bit higher than what I come up with using some of the online retirement calculators, but I don't plan on living to 98 years old, either. I should probably hit you up for a Financial EKG, TBH. In the meantime, keep up the great work.

    • @yourfinancialekg
      @yourfinancialekg  Год назад +3

      Thank you so much for watching! Sounds like you are on track, and we would love to do a your financial EKG with you!

  • @brianbunk9057
    @brianbunk9057 Год назад +2

    Great video Thank you,

  • @jimc4839
    @jimc4839 Год назад +2

    6000 a month? Sounds like a winner to me. I'll take it.

  • @NWforager
    @NWforager Год назад +8

    6000 a month is a super high amount now But i feel like in 20 years i guess it may not so high at all .

    • @yourfinancialekg
      @yourfinancialekg  Год назад +1

      Feels like it’s moving that direction

    • @byteme0000
      @byteme0000 10 месяцев назад +1

      I’m retiring this year and I can tell you that $6K/mo is way high. I need literally half that plus my social security to continue my standard of living when I retire. I suppose that much it depends on which region of the country you live in. If I were living in California now, for example, I would be high-tailing it out of there.

    • @NWforager
      @NWforager 10 месяцев назад

      ​@@byteme0000 in 20 years tho . if we look at whats happening to other fiat currencies we can see the possible quick failure of USD . Regular inflation is bad enough over 20 years , especially for the majority who don't invest

  • @fjmoore4448
    @fjmoore4448 Год назад +1

    Love the information. Do you think SS will be around much longer? I believe most people don’t count it when calculating what they will need in retirement.

    • @yourfinancialekg
      @yourfinancialekg  Год назад +1

      Yes it will be around in some form or fashion. Possibly lower benefits or older retirement dates. Thanks for the question!

  • @fasteddy3336
    @fasteddy3336 Год назад +7

    You look good for someone 55! 😂🎉❤

  • @LesleyDT6227
    @LesleyDT6227 Год назад +1

    What is that software you are using called?

  • @TalesOfTheTimid
    @TalesOfTheTimid Год назад +2

    How do I get a job providing this type of info to others? This info is so useful!

  • @josephj7991
    @josephj7991 3 месяца назад

    I see Acardia Bluff Golf Course pays $13p hr to drive shuttle to parking lots? Plus tips and golf privileges? Sounds like a dream job! The ad actually says "ideal for retirees" Part-time flexible hours? If I lived or move Up There I sud apply for That job!

  • @gretahoving5743
    @gretahoving5743 10 месяцев назад +1

    I am a 59 yr old widow I would love to see scenarios for widows

  • @dannyl6507
    @dannyl6507 Год назад +1

    Is there a fee for you to do an EKG?

    • @yourfinancialekg
      @yourfinancialekg  Год назад +1

      Please contact me at info@pearlwealthgroup.com and we can discuss.

  • @bruceeigsti5274
    @bruceeigsti5274 Год назад

    6k income awesome wish i could get that at 67

  • @pensacola321
    @pensacola321 Год назад +3

    We spend at least twice + that in retirement...

    • @jdgolf499
      @jdgolf499 Год назад +7

      And my Dad spends 1/3 of that! Everyone is different, and have different incomes streams, SS benefits, etc!

    • @yourfinancialekg
      @yourfinancialekg  Год назад +1

      Wow! Go get it VP!

    • @yourfinancialekg
      @yourfinancialekg  Год назад +3

      You are right jd, everybody is running their own race.

  • @MrUpier
    @MrUpier Год назад +3

    Yea cuz we all have 1.8 million at age 55

    • @yourfinancialekg
      @yourfinancialekg  Год назад +1

      No we don’t but it is something we can use for motivation to get there. Thanks for watching!

    • @Hawkeye2001
      @Hawkeye2001 Год назад +1

      I retired at 64 will far less, still have a smaller income from part time work and a small pension. Establish a budget and have a plan. I'm also young enough to enjoy some of those Go-Go years.

  • @SammyMares-o1p
    @SammyMares-o1p 17 дней назад

    They're saying that their money goes to schools and streets and the government and it's not for retirement that's what everyone's saying

  • @jameskelly9243
    @jameskelly9243 10 месяцев назад +1

    Where you getting 6% interest guaranteed

  • @annpinheiro2918
    @annpinheiro2918 11 месяцев назад +1

    Simple

  • @parler8698
    @parler8698 10 месяцев назад

    Retire early = 62 or well below.

  • @marantz747
    @marantz747 Год назад

    I'm screwed

    • @yourfinancialekg
      @yourfinancialekg  Год назад +1

      Keep working at it!

    • @OShackHennessy
      @OShackHennessy Год назад +1

      Yes you are. No question about it. 100%

    • @Hawkeye2001
      @Hawkeye2001 Год назад +1

      Not necessarily. You have to have a plan & a budget. Almost nobody could retire if it took >$1,000,000 in savings. Look at your individual expenses, get out of debt before you quit. I did it 5 years ago and am doing well.

  • @kdoggy6069
    @kdoggy6069 Год назад +1

    Too bad we don’t live forever