Know Your Number

Everyone wants to know their retirement number. Is it $1 million? $2 million? $5 million? In this episode of Financial Strategies, Andrew and Daniel Agemy explain why your total savings may not be the number that matters most. They examine four important areas retirees should understand: personal risk tolerance, Roth conversion and tax considerations, total investment fees, and the amount of income a portfolio can actually produce. The discussion explores why your investments should align with the amount of volatility you can realistically tolerate, how strategic tax planning may affect what you ultimately keep, why hidden investment expenses deserve attention, and the difference between generating retirement income and simply withdrawing principal. The goal is to move beyond one big account balance and better understand the numbers that can help determine whether your retirement strategy is truly working for you. 🔔 Like, subscribe, and turn on notifications for more retirement education.