Can I Retire at 60 with $1,500,000 in Retirement Savings (Compilation)
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- Опубліковано 22 бер 2024
- Can I Retire at 60 with $1,500,000 in Retirement Savings (Compilation)
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Welcome to our comprehensive Retirement compilation exploring the question: "Can I Retire at 60 with $1,500,000 in Retirement Savings?"
In this Retirement compilation, we've gathered Retirement insights, tips, and expert Retirement advice from individuals who have faced similar questions on their journey to retirement. Whether you're nearing retirement age or just starting to plan for retirement, this video is packed with valuable information to help you make informed decisions about your Retirement future.
From calculating retirement readiness to understanding Retirement investment strategies and lifestyle adjustments, this compilation covers a wide range of topics crucial for anyone considering retirement with $1,500,000 in Retirement savings.
Join us as we delve into the intricacies of retirement planning, dispel common myths, and offer practical guidance to help you achieve your retirement goals. Don't miss out on this essential resource for anyone seeking financial security and peace of mind in retirement.
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Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strategies for "retirement planning at 30", "retirement planning at 40", "retirement planning at 50", or even "retirement planning at 60" understanding how much retirement income that you want versus how much you need gives you a roadmap to follow to and through retirement.
Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called "Your Financial EKG™." What we are trying to visualize is how long a persons retirement savings are going to last throughout retirement. If you are looking for early retirement planning tips or trying to saving for retirement in your 50's, You Financial EKG™ is a great tool to help you understand where you are retirement planning. Retirement planning and retirement income strategies shouldn't be complicated. They should just be done right.
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Pearl Wealth Group
Drew Blackston, CRC® & RFC®
Office: 813-807-5060
Info@pearlwealthgroup.com
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Always entertaining comma is scenarios... Many variables.. One thing not mentioned úually is factoring in Health Insurance. Which is the biggest kicker in my mindWhich is the biggest kicker in my mind.
Yes health insurance is huge!!
There are lots of people that have not planned for retirement. Do one with much more modest numbers and not early retirement. Lets say 200K savings by age 60, 50K home equity, less than 1500ss. What does some like this have to look forward to? My guess is to take ss at 70 and work for as long as possible.
Check out this one $150,000 saved: ua-cam.com/video/ZRYiGa03gOY/v-deo.html&lc=Ugyh3VKBeDB3DzSU46V4AaABAg
Retired at 55 with $300,000 in retirement savings lived off of that account till 70 when I applied for SS. Currently have a mllion dollar retirement account and live off of SS by itself. My biggest issue is not putting more money in my Roth before RMD's
Great comment!
You lived off of 300K AND grew it to a million dollars in 15 years? Maybe you should be the financial advisor?
@@markbates891 Didn't take a genius to be oil till Oct 22 then move into semi's. A number of people have asked me to handle their portfolio's. Don't need the headache.
Or story teller/ movie maker... Or I guess he lives extremely frugal, and lives in a cheap ảea..@@markbates891
great!
Thanks!
What about health insurance?
Gotta factor that in too!
That's the kicker, the main kicker!
I enjoy your videos but you appear to have a math error that several people have commented on in your “take social security early” video from a few weeks ago. I highly suggest you stop using a white board and get some computer software and a smart board. Also respond to comments asking how you arrived at your calculations. Just suggestions to grow your channel.
The math isn't wrong in the video. Thanks for your comment!
@@yourfinancialekg then please tell us in the other video how the math works that you pull 42k out a year for 2 years with a 22k ROR and end up with more money then when you started? What are we missing. Thanks.
@@DJohnson-od6oj Crickets!!!!!!!!!!!!!!!!
I will never listen to advice from a kid!!!!!!!
How old do you think I am? 😂 I’ll take that compliment any day!
@@yourfinancialekg You like 28, 29, right?