In episode 70 of the Equity Compensation Guidebook, we're going to talk about spending in retirement. Yes, I'm deviating from equity compensation but please stick with me as this is important. Spending in retirement is a huge question everyone wants to know the answer to. Actually, this question can take a variety of forms. Will I have enough to make it through retirement? How much can I spend in retirement? What's my target nest egg so I can actually retire? A few factors include inflation, healthcare expenses, social security, and longevity. Oh, and we certainly can't forget assumptions about what the market may do.
What I want to focus on is what studies show us about spending trends in retirement as this is the most important factor to me. Spending. If you know me, you've heard me focus on your spending number. If you have a good estimate of how much you spend, we can start calculating the rest to answer the question of how much you can spend in retirement.
You will want to hear this episode if you are interested in... - The reverse bell curve of retirement spending [1:45]
- Study findings for consumption and spending in retirement [4:10]
- Know your spending [7:19]
- This week’s FLASHBACK [8:45]
Connect With Dan Johnson - https://forwardthinkingwm.com
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