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When Can I Retire With the Lifestyle I Want?
Season 1
Episode 61
Published 2 years, 4 months ago
Description
Financial freedom. It's what we all really want. The question is: how do we get there?
One key component to achieving financial freedom is creating a retirement plan.
Building the nest egg you need doesn't happen on its own.
Most people only save enough to get 20-30% of the investments they need for the retirement lifestyle they envision.
Creating your retirement plan can be fun. It makes you wealthier. It's not about your money – it's about your life.
This article is one of the Must Read posts on my blog. It originally appeared in MoneySaver Magazine.
Listen to the podcast episode to learn:
- How investing in the stock market can close the percentage gap.
- Why it's important to educate yourself on equity investing.
- 4 key steps to creating a retirement plan.
- Why you need to define the retirement lifestyle you want.
- How to determine your "magic" retirement number.
- The easiest way to calculate how much you should invest.
- 4 options for creating a doable retirement plan.