Determining Your Retirement Income Needs

How much do you need to retire? John Conley discusses the importance of income in retirement and how to determine how much is needed, emphasizing that everyone's retirement needs are different and depend on individual circumstances, such as retirement date, income streams, and goals. John suggests working backwards from the desired lifestyle and expenses to determine the necessary income, highlighting the need to consider factors like taxes, inflation, and unexpected expenses.

To learn more about how John and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.