Are you doing more summer vacation planning than financial planning? You’re not alone. Let’s talk about how you should view retirement planning in relation to your vacation plans.
Read more and get additional financial resources here: https://coveryourassetskc.com/episode-130-only-1-in-4-americans-have-done-this/
What we discuss on this episode:
0:43 - Why vacation planning?
4:15 - Why does this relate to retirement planning?
6:34 - The first step is to estimate how long your retirement will last.
8:39 - The second step is how much you’ll spend.
12:36 - How much retirement income will you have?
14:07 - What happens when you put it all together?
17:12 - Keep updating and adjusting as needed.
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