ChooseFI cover image

443 | The Invisible Nature of Spending | Ginger Roundup

ChooseFI

00:00

How to Calculate a Retirement Income

Bob Greene: If Joe wants to retire before his pension will kick in, he needs a $500,000 net worth. He could take out $40,000 a year for the next 10 years, exhaust that extra money and still have enough left over at the end of it. Greene: In that case, he would need basically $900,000 instead of one-and-a-half million.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app