4min chapter

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How Much to Have Saved For Retirement at 30, 40, & 50

Frugal Friends Podcast

CHAPTER

Rethinking Retirement Savings Targets

This chapter challenges the traditional $1 million retirement savings goal by offering a tailored approach to calculate retirement savings based on individual needs, inflation adjustments, and growth rates. It discusses the importance of financial planning for retirement, emphasizing the balance between withdrawing funds and protecting the nest egg during market fluctuations.

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