One million dollars is a common benchmark when it comes to retirement goals, and many resources will recommend this number as how much you should save before you retire.
However, while one million dollars may sound like a great goal to strive for, the truth is that one million probably isn't going to be enough for you to live a comfortable and enjoyable retirement. To better understand how long one million dollars will actually last in retirement, we'll take a look at some of the factors affecting how much retirement costs.
Wondering how much you need to save for retirement and how investing can help? Try my free retirement quiz today! Click the link above.
Looking to master investing? Attend one of my 3-Day Transformational Investing Workshops, virtually! Reserve your seat here:
Subscribe to my channel for free stuff, tips and more!
Google+: + PhilTownRule1Investing
1 million retirement, retirement planning, how to invest, retirement number, saving for retirement, retirement calculator, 1 million in retirement, whats my number, million dollar retirement,
About 4 years ago Sandy took out half of her investments and moved them to a money market in preparation of her retirement. Now she's retired in a strong market and wants to know if she should reinvest.
Original air date: August 13, 2017 – Hour 2, Call 1.
Wes Moss is the host of MONEY MATTERS – the country’s longest running live call-in, investment and personal finance radio show – on News 95-5FM and AM 750 WSB.
You Can Retire Sooner Than You Think, by Wes Moss – Buy it here:
These audio clips are recordings from the Money Matters radio show. The provided discussions are general in nature and based on the financial and economic events at the time and/or minimal information disclosed by call-in participants. The responses to questions are not meant to be personalized investment advice. Every person's financial situation is unique and there is no one-size-fits all advice and requires more detailed analysis than what can be conducted for a call-in participant. Any information obtained in the audio should not be accepted as investment advice and should be discussed with a financial professional. Any actions taken should only be done after evaluation and analysis of your specific situation. All investing involves risk including the loss of an investor's principal. No guarantees can be offered that any of the call-in participants were successful or that any information provided assisted the call-in participant in achieving their financial goals.
Thanks to all of you who support me on Patreon. You da real mvps! $1 per month helps!! 🙂 !! Annuities : Annuity Due , Finding Future Value. In this video, we invest a fixed amount at regular intervals in an annuity due. We then find the future value of the annuity.