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How Much Money Should You Have When You Retire

Author
Money Talks News
Published
Wed 09 Oct 2024
Episode Link
https://omny.fm/shows/money/how-much-money-should-you-have-when-you-retire

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Youtube video of this episode: https://www.youtube.com/watch?v=LZ7g3mgZ8d8

In this episode of Money Talks News, Stacy Johnson tackles the age-old question: "How much money should you have when you retire?" Spoiler alert: There's no one-size-fits-all answer!


Join Stacy and his colleagues as they dive into:ย 
โœ… Why the "magic retirement number" is a myth
โœ… How to track your spending and plan for the futureย 
โœ… The impact of interest rates on your retirement savings
โœ… Why saving "as much as you can" might be the best strategyย 
โœ… Stacy's personal insights on why he hasn't retired yet


Whether you're just starting your career or nearing retirement age, this episode offers valuable insights to help you plan for your financial future. Remember, it's not just about how much you save, but how you live!


๐Ÿ•’ Timestamps:
0:00 - Introduction
1:30 - The flawed retirement question
3:45 - Tracking your spending 5:30 - Interest rates and retirement
7:15 - The "save as much as you can" strategy
9:00 - Why Stacy keeps working
10:45 - Conclusion

๐Ÿ’ฐ For more financial advice and money-saving tips, visit our website: http://moneytalksnews.com/

#RetirementPlanning #FinancialAdvice #MoneyTalksNews #PersonalFinance

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