
#001 - How much money do I need to retire?
Retirement Planning Education, with Andy Panko
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How to Predict Your Retirement Expenses
Sertistreca: How long do you think oure goig to live? A k a, how many years retirement's going to be. Question two, whel do you anticipate your expenses or your income needs ar going to be throughout aor years of retirement? And don't worry too much about inflation,. but for purposes of this exercise, we this is just really a back of the envelope process we're doing here. We're predicting out 20, 30 years, if not more, inflation will happen. So why do these things matter? While at one extreme, if you ony, if you live very modestly, let's assume ing have, call it 50 thousand
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