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How Much$$$ Will YOU Need to Retire? (Fixed Audio Glitch)

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Manage episode 479799733 series 2917425
Content provided by Nathan Crankfield. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nathan Crankfield or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

To learn more about the coaching program, go here: https://www.seekingexcellence.us/coaching-1To become a Locals supporter for a free coaching session, go here: https://seekingexcellence.locals.com/landing/videoI've never thought I'd live to see the day where a millionaire would be lower class. I don't think we are there yet, but we most likely will be by the time Gen Z reaches retirement age. I recently did an episode breaking down the myth that $100k is a strong income for a growing family in most places across the US. Today, we take a look at retirement numbers and do the same thing for the myth that becoming a millionaire by 65 will lead to prosperity. Sources: https://www.nerdwallet.com/article/investing/social-security/how-long-will-your-retirement-savings-last#:~:text=This%20rule%20is%20based%20on,investment%20return%20over%20that%20time).https://www.nerdwallet.com/article/investing/average-stock-market-returnhttps://www.bankrate.com/f/102997/x/1c82ee6b93/january-fsp-press-release-final.pdfhttps://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retirehttps://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculatorChapters00:00 Introduction to Financial Planning05:03 Understanding Retirement Needs11:44 Debunking the Million Dollar Myth17:13 Using Technology for Retirement Planning25:13 Practical Steps for Financial Success30:50 Conclusion and Call to Action

  continue reading

381 episodes

Artwork
iconShare
 
Manage episode 479799733 series 2917425
Content provided by Nathan Crankfield. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nathan Crankfield or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

To learn more about the coaching program, go here: https://www.seekingexcellence.us/coaching-1To become a Locals supporter for a free coaching session, go here: https://seekingexcellence.locals.com/landing/videoI've never thought I'd live to see the day where a millionaire would be lower class. I don't think we are there yet, but we most likely will be by the time Gen Z reaches retirement age. I recently did an episode breaking down the myth that $100k is a strong income for a growing family in most places across the US. Today, we take a look at retirement numbers and do the same thing for the myth that becoming a millionaire by 65 will lead to prosperity. Sources: https://www.nerdwallet.com/article/investing/social-security/how-long-will-your-retirement-savings-last#:~:text=This%20rule%20is%20based%20on,investment%20return%20over%20that%20time).https://www.nerdwallet.com/article/investing/average-stock-market-returnhttps://www.bankrate.com/f/102997/x/1c82ee6b93/january-fsp-press-release-final.pdfhttps://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retirehttps://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculatorChapters00:00 Introduction to Financial Planning05:03 Understanding Retirement Needs11:44 Debunking the Million Dollar Myth17:13 Using Technology for Retirement Planning25:13 Practical Steps for Financial Success30:50 Conclusion and Call to Action

  continue reading

381 episodes

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