In this episode, I sit down with certified financial planner Ariel Ward. As a personal financial strategist and advisor, I ask Ariel the most common questions my clients have about retirement. Our discussion aims to answer the question, "Is retirement an age or a number?" We also debunk myths and propaganda that lead to feelings of overwhelm and confusion for women when planning for their future.
First, we start by addressing conflicting information about retirement. How much money do you need? When should you start saving? What age should I retire? This revolving stream of questions and misguided pressure to achieve arbitrary milestones puts unwarranted pressure on earners, especially high-achieving women who don't have the support of a trusted financial planner.
Wherever you are now is the perfect place to start learning and planning for your future. There is no cookie-cutter approach to retirement. Your age, current income, future earning potential, and lifestyle goals all affect when and how much money you need to retire comfortably. The best way to create an achievable and sustainable plan is to align your feelings about money with your values and aspirations.
I hope this discussion eases worry and shame around retirement and that after listening, you feel more empowered to take control of your financial future.
During this episode, Ariel and I answer key questions around retirement such as…
[00:09:43] Is retirement an age or is it a number?
[00:13:30] What should we be considering as we are earning more overtime and how that would impact our retirement number or our age?
[00:20:05] Can you retire on a million dollars?
[00:30:44] What would you say are steps someone could take to determine if they were on track for retirement?
Tune in to this episode of Money Files as we address common concerns and questions about retirement.
Get full show notes and the episode transcript:
https://wealthovernow.com/is-retirement-an-age-or-a-number/
Links mentioned in this episode…
Set up a call | Financial Coach Washington, DC | Wealth Over Now
Masterclass | How To Budget Without Restriction | Wealth Over Now