I am 60 with $1million How Much Can I Spend In Retirement?

Описание: Ever wondered if a $1 million nest egg is enough for retirement at 60? Join us as we delve into the financial journey of "Janet," a fictional but very relatable retiree. With $1 million in savings, Janet's goal is a comfortable $5,000 monthly income. Through real-life inspired scenarios, we explore how even small tweaks in planning can make a big difference in stretching your retirement dollars.

This video isn't just about numbers; it's about finding creative solutions to common retirement challenges. From adjusting investment strategies to the timing of retirement, we show you how to work with what you have to secure the lifestyle you want.

Whether you're close to retirement or just planning ahead, this guide is packed with practical advice and insights. So, if you're curious about how to make the most of your retirement savings, this video is for you.

Don't forget to subscribe for more insights and share your own experiences in the comments. Let's navigate the journey to a dream retirement together.



If you have any questions, feel free to comment down below, and don't forget to like and subscribe to our channel to get the latest updates on retirement planning and investment strategies.

Straightforward retirement planning advice for Canadians. Planning your retirement income or wondering how you can reduce your taxes doesn’t have to be daunting. Our goal at Beaches Financial Group is to help every pre-retiree and retiree in Canada cut through the financial jargon, streamline your finances and make the most of your golden years.

Bellwether Family Wealth Management - The Beaches Group

Website | https://www.bellvest.ca/family-wealth...
Facebook |   / beachesbellwether  
Mail | [email protected]
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0:00 Intro
1:39 Janet’s assets
2:21 Janet’s goals
4:29 Understanding how retirement spending evolves
('Go-Go,' 'Slow-Go,' and 'No-Go')
6:03 Annual Income Plan 95 year Old
7:03 Little changes have a profound impact
7:57 Consulting or part-time work
8:36 Options could be available to make up the shortfall
9:46 Outro


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