RBS 022: When Can I Retire--How to Determine If You Can Retire episode artwork

EPISODE · Mar 23, 2022 · 11 MIN

RBS 022: When Can I Retire--How to Determine If You Can Retire

from The Rob Berger Show · host Rob Berger

A viewer recently asked me if he was able to retire in two years. He provided his investment balances, projected expenses, and pension income. In this video we'll evaluate his situation to determine if he can retire.To determine if you can retire, it's important to evaluate both your expenses and income in retirement. This can be challenging for several reasons:1. Expenses are at best an estimate2. Medical expenses can be a wild card3. One-time and periodic expenses can be difficult to calculate4. Future income (social security, pensions) may not start for years5. Estimate how much of your investments you can spend each year is at best a rough estimate.To help, I walk through two free tools in the video:Join the newsletter: https://robberger.com/newsletter/?utm...

Episode metadata supplied by the publisher feed · Published Mar 23, 2022

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A viewer recently asked me if he was able to retire in two years. He provided his investment balances, projected expenses, and pension income. In this video we'll evaluate his situation to determine if he can retire. To determine if you can retire, it's important to evaluate both your expenses and income in retirement. This can be challenging for several reasons: 1. Expenses are at best an estimate 2. Medical expenses can be a wild card 3. One-time and periodic expenses can be difficult to ...

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RBS 022: When Can I Retire--How to Determine If You Can Retire

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