Accountant Explains: How Much You Should Have Saved For Retirement at 25, 30, 35, 40,45,50,55, 60,65

How Much You Should Have Saved For Retirement at 25, 30, 35, 40, 45, 50, 55, 60, 65 and 67
How much do you need for retirement? Should you use the 4% retirement rule or savings by age? How much of your annual income should you invest and what is the replacement rate? How much should you have saved by 30? In this video I answer all those questions. This is exactly how much cash you need to retire.
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[@TennantMary]

Love your accent

[@xireninsights]

😊 Thank you ☺️

[@Nizzer007]

Yho, I thought I was going to retire in the next 5 years 😢.

[@xireninsights]

Right? 😅 But you can, as long as you can still find ways of generating an income even after you’ve retired from your job.

[@Neo72]

I look at retirement in this way. How much do sources of income generate without me having to do stuff for it? Pension, SS, StockMarket etc. I am looking to have at minimal $10,000 per month passive income plus a good amount in savings. Long as my passive income remains constant I should be good to go.

[@xireninsights]

I think that’s also a great way to approach it. If your passive income can be almost your active income then you’re beyond sorted with your retirement ❤️

[@thethinkingstone9248]

You mean, accountant explains?

[@xireninsights]

Yeah thanks for pointing that out 😂