How Much Money Do I Need to Retire? (60 Minute Financial Solutions)

A plan is only useful if it can survive reality. And a future filled with unknowns is everyone’s reality.

A good plan doesn’t pretend this weren’t true; it embraces it and emphasizes room for error. The more you need specific elements of a plan to be true, the more fragile your financial life becomes. If there’s enough room for error in your savings

Investment returns can make you rich. But whether an investing strategy will work, and how long it will work for, and whether markets will cooperate, is always in doubt. Results are shrouded in uncertainty. Personal savings and frugality—finance’s conservation and efficiency—are parts of the money equation that are more in your control and have a 1

Much like frugality, increased earning potential must be pursued by dissecting one’s resources and ruthlessly cutting out the fat.

I talked to clients about how money by itself isn’t important. In fact, I’ve been known to say that money by itself is boring, especially in the modern world, where we don’t even get to hold much of it in our hands. Our money has just become numbers in a computer. I’ve also said that the important thing is what money can do. This concept eventually