How Much Can I Spend with $2M in Retirement as a CRNA

You should be proud of yourself for saving $2 million for retirement, but instead, you're terrified. The problem? You don't know how much you can spend. A couple, Sarah and Mike, found that their initial plan with a 12% withdrawal rate would have left them broke by age 75. With a few strategic changes, their retirement plan not only worked, but it also allowed them to retire years earlier than they thought.In this episode, we use their example as a case study to show you how three key changes can mean the difference between struggling and living the lifestyle you've earned.Brett explores:Why a high withdrawal rate can decimate a portfolio in the first few years.How a realistic look at your expenses can extend your retirement savings.The importance of optimizing your portfolio allocation for a long retirement.The power of tax optimization and Roth conversions during your early retirement "gap years".A spending framework for CRNAs with $2M in savings.A bonus scenario showing how a sensible plan can make early retirement possible.Have questions about your own retirement plan? Let us know, and please share this episode with a friend or colleague who needs to hear it. Key Timestamps:(0:53) The $2 million question(3:02) Their flawed first retirement plan(4:40) The three strategic changes(6:02) Change #2: Optimizing portfolio allocation(8:35) The new successful plan(10:28) What this means for you: spending framework(12:24) Unique advantages and challenges for CRNAs(14:49) Final message and outro#CRNAs #RetirementPlanning #FinancialFreedom #RetirementSavings #WealthManagementFor more information and resources related to this episode, please visit the show notes.