How To Calculate What You Need For Retirement

[Ep 190]If you’ve ever wondered “Am I on track for retirement?” or “How much money do I actually need to retire?”, this episode is for you.In this episode, I’m talking about how to determine whether you’re on track for retirement and why relying on generic retirement numbers and calculators may be keeping you from making the progress and decisions you need to feel confident about your future.By the end of this episode, you’ll understand the three simple numbers you need to calculate your personal retirement target—your timeline, your annual spending, and your retirement number so you can stop guessing, gain clarity, and create a realistic retirement plan based on your actual lifestyle.In this episode you’ll learn:✅ Why retirement feels overwhelming and difficult to plan for✅ The biggest mistake people make when estimating their retirement savings needs✅ How to determine whether you’re on track for retirement using three simple numbers✅ A simple way to start building a realistic retirement target based on your actual lifestyle and spendingEpisode Highlights00:00 Retirement Enough Question01:09 Three Things To Check01:22 Pick Your Timeline03:57 Know Your Living Costs07:14 Rule Of 25 Formula09:05 Adjusting Your Target10:10 Workshop And Next StepsFull Show Notes HEREDon't want to do the math yourself? My Retirement Calculator does the heavy lifting for you, applying the concepts I cover in this episode to help you estimate your retirement number and see where to focus next.Schedule your 90-Minute Retirement Strategy Session. We’ll determine your retirement number, assess whether you’re on track, identify opportunities to close the gap, and create an action plan tailored to your goals and timeline. What topic or question would you love answered on the podcast?Not sure what you need to do to make retirement happen? Let’s identify your priorities and next steps in a Retirement Strategy Session. Book your session today.Looking to learn more about being retirement ready?Join the Facebook community Retirement Ready Hub to continue the conversation and learn how to accelerate your retirement progress.Wondering where your money actually goes each month? Get real answers on a money clarity call. Book yours today.Connect with meFacebook:  https://www.facebook.com/dalene.higgins/