Are you actually ready to retire, or are you just chasing a number that may not even fit your life?
One of the biggest mistakes people make when planning for retirement is fixating on an arbitrary portfolio goal like $1 million, $2 million, or more, without ever asking a better question: How much do I actually need to live the life I want in retirement?
In this video, I walk through a more practical way to think about retirement readiness by starting with your income needs, not a random investment target. Once you know how much income you’ll need each year, you can begin backing into what your portfolio actually needs to produce and whether you may already be closer to retirement than you think.
I also cover a few major retirement planning mistakes people often miss, including taxes, inflation, and expenses that may fall away later like a mortgage payment.
If you want more clarity around whether you have enough to retire, this video will help you think about it the right way.
If you want help turning your portfolio into a structured retirement paycheck: 👉 Apply here: https://calendly.com/meeterics/free-10-minute-intro-call
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
