America’s Wealth Management Show with Dean Barber

Retirement Savings By Age

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The question, “How Much Do I Need to Retire?” certainly makes for an attention-grabbing headline. And we get it. It’s a very frequently asked question and we’ve even published an article with that exact headline. But if you’re expecting to read that article and get a definitive answer to that question that includes a retirement savings by age breakdown, that’s not what you’ll find.

Unfortunately, a lot of people try to do back-of-the-hand math or use a retirement calculator to get the quickest answer possible to how much they should have in retirement savings by age. They’ll get an answer, but it won’t be correct. Why? Because your retirement savings be age goals and how much you need to retire can vary based on several different factors. Those factors include your goals, lifestyle, age, income, health, market volatility, inflation, interest rates, tax rates hikes, etc.

Retirement Plan Checklist: https://bit.ly/3PDPOxf

Don't Retire Without Doing These 8 Things: https://youtu.be/nbF2B5efXtc

Kick Off Retirement Right!: https://youtu.be/9PncpnrJWXk

What Is Longevity Risk?: https://youtu.be/OMoWFA7_NiE

Optimizing Your 401(k) with Drew Jones: https://youtu.be/5NgsFAbXJaQ?si=hXUSu0Fp5IuXzxgB

How Much Do People Actually Spend in Retirement?: https://youtu.be/-0UCr0PELkk

Must-Knows for Couples Retirement Planning: https://youtu.be/o4eiAkWGc3k

When Is It Time to Stop Saving for Retirement: https://youtu.be/UEkwSGMA_ZI

Why Compound Interest Is Key: https://youtu.be/4HHC7MLDsc0

Can I Retire Early? Becoming Financially Independent: https://bit.ly/48iHMkw

Roth vs. Traditional with Corey Hulstein & Bud Kasper: https://youtu.be/ASEEO30DZfI?si=LZnTdqQruuMQi9Wh

9 Items Retirement Calculators Miss (That Our Tool Doesn't): https://bit.ly/3PEUUt1

Retirement Planning Tool: https://bit.ly/3rdx5iC

Meet with us: https://bit.ly/3EDJkIj

 

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