Equipping Points:
Sometimes we fall into playing the guessing game when it comes to our finances. For instance, how much do you really need in retirement? Instead of grabbing at arbitrary numbers, first think about how much you spend. Some of your expenses may change in retirement compared to your working years, but plan for your needs based on your expenses and your goals.
Where else are you playing a guessing game in your financial life? You might be amazed by how much having a plan can put some of that uncertainty at ease and empower you financially.
Here’s some of what we discuss in this episode:
- How much will you need in retirement?
- Planning for the things you want to do.
- What liquidity can look like.
- What impact inflation has on retirement.
If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here.
Today’s Takeaway:
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