How Do I Know If I’m On Track For Retirement?
Do you lose sleep wondering if your retirement savings will be enough? You're not alone. The most common concern we hear isn't about becoming wealthy—it's about avoiding becoming a burden on family in later years.
In this enlightening discussion, Senior Wealth Advisor Cody Stansell tackles the question that weighs heavily on so many minds: "How do I know if I'm on track for retirement?" Moving beyond simplistic online calculators and one-size-fits-all solutions, Cody reveals why retirement planning is deeply personal and comparable to individual calorie needs—what works for one person may be completely inadequate for another.
Discover the powerful concept of cash flow matching—identifying how much you'll need in retirement and aligning it with income sources. Cody explains how the 4-5% withdrawal rule works and why having your retirement "oxygen mask" secured before addressing other financial priorities creates a foundation for confidence. For younger listeners still decades from retirement, learn the value of the 15% savings guideline and how it provides direction amidst life's inevitable changes.
Whether retirement feels distant or drawing near, this episode delivers practical wisdom grounded in Christian values to help you build more than wealth—to build a life well-lived with purpose and peace of mind. Ready to gain clarity on your retirement journey? Visit steadfastwealthplanning.com for a complimentary consultation.
To learn more about Stansell Wealth Planning visit:
https://www.StansellWealth.com
Stansell Wealth Planning
5550 Granite Pkwy, STE 270
Plano, TX 75024
469-606-2040
