How Much $ Do You Need to Retire? The 4% Rule for 2023

How Much $ Do You Need to Retire? The 4% Rule for 2023

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Publish Date:
27 January, 2024
Category:
Retirement Planning
Video License
Standard License
Imported From:
Youtube

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How much money do you need to retire? We talk about the 4% Rule, retirement time horizons, how much we spend in retirement, your magic number, the FIRE movement, along with data from Vanguard and Fidelity.

Retirement FIRE Calculator: https://millennialmoney.com/calculators/fire-calculator/
Vanguard Paper: https://corporate.vanguard.com/content/dam/corp/research/pdf/Fuel-for-the-F.I.R.E.-Updating-the-4-rule-for-early-retirees-US-ISGFIRE_062021_Online.pdf

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Timestamps:
0:00 - Intro
0:19 - 4% Rule
1:40 - The Chart
3:43 - Updated Guidelines
5:38 - Time Horizon
7:14 - Dynamic Strategy
9:01 - Retirement Spending
11:33 - Your Magic Number & Calculator

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PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel