Ep 104: How Much Do I Need To Retire?

Lee has been working in the financial industry for over 16 years, and during that time, has encountered a wide variety of financial planning questions. However, there is one question that seems to come up more frequently than any other: "How much do I need to retire?" Is one million enough for everyone? Although it appears to be a straightforward question, we’re going to dive into the complexities of this topic today.

 

Here's what we'll discuss in this episode:

• Why the question “How much do I need to retire?” is difficult to answer. (2:03)
• Why a million dollars may not be enough to retire on for everyone. (3:11)
• The importance of keeping track of your expenses. (5:34)
• Lee’s challenge for those looking to retire in the relative future. (9:29)

 

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