2min chapter

Many Happy Returns cover image

How Late Is Too Late To Get Started Investing?

Many Happy Returns

CHAPTER

How to Maximize Your Retirement Income

If you think you need 25,000 pounds a year to live, let's assume you've got paid off house. And then work out how much roughly you'd need to live the lifestyle you want. Subtract that 10,000 from what you'll need in terms of annual income from your investment. You often hear about the 4% rule - it might not be exact, but as a rough guide, it's probably in the right ballpark. It is doable if you're earning reasonable amount of money.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode