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_________________________________________________________________________ Retire At 65? No, Do This Instead Today we talk about retirement, passive income and all things personal finance on the discussion of retirement! How much is enough to retire, how much money you need to retire, how to build passive income & how to take part in the FIRE movement (F.I.R.E)? I take you through my investments, my focus and the math behind retirement. You want your net worth to grow, while living off some of the interest that your investments are making. Take the yearly amount you want to retire on, multiply it by 33 and that is your retirement amount you will need to invest. EXAMPLE: $100,000 a year in retirement X 33 = $3.3Million to retire. You will never run out of money with that math, and a conservative 3-4% withdrawal rate. So whether your goal is to retire early or not, this will help guide you to get where you need to go! Drop a LIKE if you enjoyed the video!
*Disclaimer* I am not in any way a certified financial advisor, nor do I pretend to be one. Any information or advice I give you on any social media platform is simply my opinion based on my own experience and research. There is no guarantee on anything due to the fact that there are many variables in your success.
Retire At 65? No, Do This Instead