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You Can't Retire Until You Know THIS

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Manage episode 419636829 series 3574017
内容由Peak Financial Planning and Eric Amzalag提供。所有播客内容(包括剧集、图形和播客描述)均由 Peak Financial Planning and Eric Amzalag 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In this episode we review a simple retirement formula that you can use to find the minimum amount of portfolio assets you would require on the day you retire.
We call this formula the "Required Portfolio Income" formula.
Required Portfolio Income is a fancy way of putting a dollar number to your expected distribution rate.
Thinking only about distribution rates is very hard to relate to for most of us.
We think in terms of dollars and cents.
Therefore, translating that distribution rate into an actual dollar amount answers the question:
How much money will I need to take out of my portfolio each year in retirement in DOLLARS.
Getting familiar with this formula will help take your retirement planning efforts out of the theoretical and into the practical...

Listen to the episode to learn more.

If you found this episode helpful, subscribe so you don't miss any future episodes.

Also, I'd greatly appreciate it if you gave a rating and review. It helps other people just like you find the podcast and benefit from discussions on these topics as well.

Eric Amzalag, CFP®, RICP®
_ _
Want help with your Retirement Plan?
Schedule a free consultation
Email me: Eric@thepeakfp.com

Visit my Youtube Channel

  continue reading

8集单集

Artwork
icon分享
 
Manage episode 419636829 series 3574017
内容由Peak Financial Planning and Eric Amzalag提供。所有播客内容(包括剧集、图形和播客描述)均由 Peak Financial Planning and Eric Amzalag 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In this episode we review a simple retirement formula that you can use to find the minimum amount of portfolio assets you would require on the day you retire.
We call this formula the "Required Portfolio Income" formula.
Required Portfolio Income is a fancy way of putting a dollar number to your expected distribution rate.
Thinking only about distribution rates is very hard to relate to for most of us.
We think in terms of dollars and cents.
Therefore, translating that distribution rate into an actual dollar amount answers the question:
How much money will I need to take out of my portfolio each year in retirement in DOLLARS.
Getting familiar with this formula will help take your retirement planning efforts out of the theoretical and into the practical...

Listen to the episode to learn more.

If you found this episode helpful, subscribe so you don't miss any future episodes.

Also, I'd greatly appreciate it if you gave a rating and review. It helps other people just like you find the podcast and benefit from discussions on these topics as well.

Eric Amzalag, CFP®, RICP®
_ _
Want help with your Retirement Plan?
Schedule a free consultation
Email me: Eric@thepeakfp.com

Visit my Youtube Channel

  continue reading

8集单集

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