How Much Do I need to Retire Early? (Guide You Can Use)

Описание: If you have an eye on retirement, then watch this video which explores how much you need to retire, what effect retiring early can have on your retirement funds and a step by step guide that you can use to check if your retirement goals are on track, no matter how old you are.

TIMESTAMPS:
00:00 Introduction
00:56 Step 1 - Calculate expenses in retirement
02:19 Step 2 - Deduct other retirement income
02:44 Step 3 - Use a Safe Withdrawal Rate to calculate pension fund needed
03:19 An example for calculating amount needed to retire
04:59 How much do I need to retire early - case study
09:41 Step By Step Guide to check your retirement is on track


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DISCLAIMER:
The content in this video is provided for information and entertainment purposes. It should not be construed as direct or indirect financial advice. You must thoroughly research any potential financial or investment decision and fully understand the risks before taking it. If in doubt, you should seek Independent advice from a professional adviser. Tax rules and legislation is subejct to change. HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen. The Financial Conduct Authority does not regulate tax planning. The value of investments and any income from them can fall as well as rise, and you may not get back the original amount invested. Past performance is not a reliable indicator of future performance and should not be relied upon.