Retirement "Magic Numbers" Make Little Sense

Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

Contenido proporcionado por Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®, Kevin Kroskey, Tyler Emrick, and CFA® CFP®. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®, Kevin Kroskey, Tyler Emrick, and CFA® CFP® o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

17d ago 39:44

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In this episode, Tyler Emrick, CFA®, CFP®, explores why targeting a "magic number" of retirement savings falls well short of good retirement planning. Yet, why do people often focus on this? Is it because this survey data is regularly done and widely in the media – with the magic number now at a record high of $1.46 million – or something more?

Here’s some of what we discuss in this episode:

The amount of money investors believe they need to retire has increased dramatically and is exceeding the current pace of inflation.
What has been the driving force behind the increase?
Why you should be careful when using a magic number.
The financial items you should be focusing your attention on instead.

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