Our retirement feels so far in the future.
Yet, our retirement finances aren’t a complete unknown. Even at young ages, we have data that can increase the chances we succeed.
Kevin Mahoney, CFP®, who specializes in
financial planning for Millennials, talks about how, in most cases, we can withdraw 4% of our investments annually for 30 years without running out of money. But the specific amount we need depends on our spending habits.