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How Much Do I Need to Retire Early 2024 (less than you think)
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- Опубликовано: 5 янв 2024
- Want a personalized strategy to retire early? ➡️
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Starting your retirement planning on fundamental rules of thumb is an okay start for back of the napkin math; however, relying SOLELY on a rule of thumb for your entire early retirement strategy is not ideal and may result in working longer and saving MORE than you need.
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All content is not to be received as financial advice and each individual should consult with their dedicated financial planner, tax preparer, estate attorney, etc. before making any financial decisions.
All contents provided by This Channel is meant for EDUCATIONAL AND ENTERTAINMENT PURPOSE only.
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I am floored that you are the first person I have witnessed (outside of myself and my parents) give this kind of optimistic and reasonable retirement advice. Three years ago at 47, I "worked backwards" when I realized how my work-focus lifestyle was hurting me. I analyzed my life, spending habits, investments, future income sources. I downsized everything I possibly could, and I was already quite frugal. Eventually at 49, I moved to Greece to maintain the budget I created as well as to sustain the happy future I wanted. Thank you for your simple, yet powerful advice. These 4, let alone 8% rules are scare tactics I have never paid attention to. I am glad I followed my own reasonable thinking rather than continuing to be scared into working myself to death. Best to you and your firm.
Thanks for watching and sharing your approach, Jennifer! Wishing you continued success and fulfillment in your life in Greece.
Great information video. I wish you actually live close to my location. You would be someone that I would consider to manage my retirement plan. Keep those videos coming, thanks.
Thanks for watching, Joseph! I appreciate your kind words.
Fire content Matt, I'm a huge fan of your video 🙋♂
Out of curiosity, is there any chance to collaborate with you as a video editors / Thumbnail designer to build up your personal brand?
Thank you for this video. What software do you use?
We use Income Lab!
Thanks!
I made a big spreadsheet that takes into account that I will start receiving a pension from the government when I reach my retirement age. I only plan for a vacation every third year and very little for fun, like going to the theater and such. The idea is that if I make some extra money or if my investments go up more than expected one year, then I can indulge myself a bit more than was in the budget.
I see you only have about 700 subscribers, so I'll increase that number by one.
Thanks for watching!