# 72 -How To Retire on $139,600...or Less!

This might be one of the most exciting videos I've done to date. The reason for that is that I obliterate the doomsayers who say you need millions in order to retire. I show you, point by point what that is just crazy talk and what the reality is. In fact, in this episode I take Joe, a guy who has averaged $50k a year over his earnings career, indexed for inflation as the Social Security Administration does. His wife, Jane, actually only worked around 20 years, having sacrificed her prime earnings years to stay home and raise the kids. But after the kids were in high school she went back to work making $40k a year. Remember though she only has around 20 years or so of earnings that Social Security calculates for her benefits. Yet, even then, I show you how they can retire at 66 with just $139,600 without even considering investment returns.