Chasing that magic number in retirement can be pretty anxiety-inducing. Many in the financial industry get fixated on saving and saving to reach this gigantic number, but there’s so much more detail that goes into figuring out what you will need to support your lifestyle. Today we’re going to tell you what goes into finding that financial independence number for you.
Read the article that Scott wrote for Kiplinger about this topic here: https://www.kiplinger.com/retirement/your-enough-is-enough-number-for-retirement
Here’s what we cover in this episode:
0:00 – Intro
2:23 – Essential questions
5:06 – The factors we consider
7:32 – Easing the anxiety
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