Can I Retire with $1,000,000 in Retirement Investments and Retirement Savings?
Can I Retire on one million dollars? Can I Retire at 65 on one million dollars?
In this video, I want to look at a scenario for a 65 year old asking the question, Can I Retire with $1,000,000 in Retirement savings and retirement investments? We need to analyze their current retirement investments and retirement income and ask a few questions:
1. Where will our retirement income come from?
2. How long can we use our retirement investments for retirement income before running low on retirement savings?
3. How much in monthly retirement income will we need? Can this be adjusted?
4. Will taxes be a factor in this retirement scenario?
Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strategies for "retirement planning at 30", "retirement planning at 40", "retirement planning at 50", or even "retirement planning at 60" understanding how much retirement income that you want versus how much you need gives you a roadmap to follow to and through retirement.
Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called "Your Financial EKG™." What we are trying to visualize is how long a persons retirement savings are going to last throughout retirement. If you are looking for early retirement planning tips or trying to saving for retirement in your 50's, You Financial EKG™ is a great tool to help you understand where you are retirement planning. Retirement planning and retirement income strategies shouldn't be complicated. They should just be done right.
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**Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. All videos are for informational and educational purposes only. None of the content, comments, responses, information, or any other item on this channel constitutes financial advice or recommendations. Please call Pearl Wealth Group at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.**
Pearl Wealth Group
Drew Blackston, CRC® & RFC®
Office: 813-807-5060
[email protected]
https://pearlwealthgroup.com/
Getting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!
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