• How to Calculate Whether You Have Saved Enough for Retirement

  • Oct 4 2021
  • Length: 19 mins
  • Podcast

How to Calculate Whether You Have Saved Enough for Retirement

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  • Summary

  • Imagine you are needing to drive to a very important function that is a half day's drive away. How would you go about making this drive? For starters, you'll probably want to know the actual distance between where you are as well as that of your destination. You'll probably also want to know how fast you are driving so you can calculate an expected arrival time. Getting from Point A to your destination is more about knowing what the journey is like, running assumptions and accounting for variances. Getting to retirement is not unlike that.

    We're all working towards retirement whether that is five, ten, fifteen, or twenty years away. But how many times have we actually stopped and wondered whether we're on track? Saving and putting money away in retirement accounts is a good start but unless we know an approximation of the end result, there is no way we can tell whether what we're doing is enough.

    Join Henry as he goes over the retirement planning process. He'll help you understand the questions that you need to be asking yourself as well as knowing how to project whether you have saved enough for retirement. For more information, please visit www.disruptivemoneymanagement.com.
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