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How much do you need in your IRA or 401k to retire?

Directed IRA Podcast

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Can We Do This in 10 Years?

Traditional Roth and self employment pension max is what he's talking about. You can do the solo K where if you're both self employed working in the business, you can both be doing over 60 grand a year into that. Do you have any children, any elderly parents of yours? You're 65, you got the elderly 90 year old parent, maybe that can be dipping into your money too. Think of dependence. What age do you want to retire at? If you're older, it might be more costly every year than the money you're going to need at 65 is maybe different than you need at 85 if you make it there.

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