7 Steps to Finding Your Retirement Spending Budget

Описание: Do you know how much you need to spend in retirement to live the lifestyle you envision? Do you know if your retirement plan can sustain that spending goal? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to https://www.safeguardinvest.com/contact.

Timestamps:
0:00 7 Steps to Finding Your Retirement Spending Budget
0:29 Common Rules of Thumb
1:59 Step #1 - Find Your Baseline
3:20 Step #2 - Subtract Out Retirement Savings
3:43 Step #3 - Healthcare Costs
6:27 Step #4 - Discretionary Spending or "Fun" Budget
10:12 Step #5 - Create 3 Spending Levels
12:24 Step #6 - Adding in Taxes
13:57 Step #7 - Projecting Income into the Future

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Always remember, "You Don't Need More Money; You Need a Better Plan"

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