About this episode
How much it will cost to meet your needs is one of the hardest parts to understand about retirement. Relying on conventional wisdom will only get you so far, and may even lead you astray. In this episode, we explain how to get an accurate sense of your retirement expenses while walking you through a real example from a listener question. As a bonus, we are including a free worksheet for you to use: Retirement Cash Flow Planner Questions answered: How can you tell if you're financially on track for retirement? What do you do before social security kicks in to supplement income? Timestamps: 0:00 Intro 3:10 Listener question 3:57 A few things to consider 6:00 Here's where to start 10:23 Where does the rest go? 13:07 Steps 1 and 2 16:31 Their portfolio 18:31 Retirement expenses 21:50 Income strategy 23:40 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!