@herretirement: The math doesn’t math for many 65-74 year old American couples. The average couple has $200,000 in retirement savings which at 4% safe withdrawal rate is only $8,000 a year. The average expenses for couples is $60,000 leaving a $52,000 gap. Retirement income planning is all about determining your cash flow gaps before you retire. #retirementincomeplanning #safewithdrawalrate #cashflow #incomegaps #retirementincomeplan #herretirement #incomegap #incomegaps #womenover50

Lynn Toomey | Longevity Coach
Lynn Toomey | Longevity Coach
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Region: US
Wednesday 06 December 2023 03:15:57 GMT
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ismith273
Ismith273 :
I’m 50 & I have 1.1M and a small mortgage. I can’t fathom what it would be like having as little little as $200k at 70. But I know many have far less
2023-12-06 12:32:56
37
mrtexas61
Mr. Texas :
Step one… Be debt-free before you retire
2023-12-20 16:51:59
51
ourvisionnomadicliving
ouRVision nomadic living :
I retired at 51 with a pension. We are living comfortably on 40 grand, traveling and having a fantastic time.
2023-12-06 19:29:05
19
idaroam1
wildnfree :
$800 a month in Thailand is looking good 👍
2023-12-06 05:02:14
47
dvansickle
Dave :
I’m 65 with 20K in savings. How do I look for that
2024-02-04 14:15:40
7
yankees64
Apple User368472393 :
With no house payment 4-6000 a month is plenty
2023-12-17 22:14:01
19
ninanaranjo947
ninanaranjo947 :
I (female66) and my husband have waaaay less than that and travel, eat out and pay all household expenses!! What are you figuring out here??
2023-12-18 00:08:45
5
neighbourhood15
Kirk Mills :
Put that $200,000 into CLM or SVOL and live off the dividends. $200k would give you $3,200 a month in dividends in SVOL
2023-12-06 05:40:42
7
stephazona
Stephazona :
What is your assumption on end of life age ?
2023-12-06 04:37:53
6
dianebuckley5
D Squared :
I’m worried at 62 with $600,000 saved
2023-12-06 05:00:54
6
thomasrich04
Thomas Rich :
When I was 17 I was called stupid by a lot of people for joining the Army. I retired 20yrs later as a MSG/E8. 3K A month. That's for starters...
2023-12-06 14:13:25
8
yummy1879
yummy :
2.5 million, and I am still scared!
2023-12-09 10:21:14
12
pulaski_va
Pulaski :
before you retire, pay your house off, along with any cars. you can do a trust if you like, but get a cheap hobby...62,000 a year? not needed
2023-12-18 03:42:09
8
dirtdobber2
K Hall :
My advice is to start YOUNG in your early 20’s with whatever you can start investing
2023-12-20 20:48:40
8
quickwittedness1
Nick :
Divorced at 55 she too 100 percent of my retirement. Now at 60 started to save. It it’s to late for me
2023-12-20 12:33:50
9
jeffglinc65
Hunter1965 :
58 yrs old 1.9
2023-12-20 21:34:36
7
mammy710
Kelly :
your spending before retirement is not the same spending in retirement
2023-12-17 21:39:50
10
arbitrageabroad
Arbitrage Abroad :
Or retire to Ecuador for 10% CDs and a much lower cost of living.
2023-12-19 04:42:53
3
tonykozina
Tony Kozina :
I've long said, very few of us will be retiring, the way it is imagined...like my grandparents did. Most will be working full-time AND have a drastic lifestyle change as we age.
2023-12-17 20:56:22
6
teddycooper2
Teddy Cooper :
So my $12.94 balance probably won't make it?
2023-12-17 15:52:38
24
fatbaker101
user2439387103104 :
Good video. $200k is a joke at retirement.
2023-12-17 22:06:37
9
montag_451
Fred VO :
Yea I'm fudged!
2023-12-18 02:04:32
8
dickshyster
DickShyster :
I hate when people talk about "retirement" job, if you work you are not retired
2023-12-06 10:37:19
5
cant_tell_till_ya_bet
Dennis Walker :
5 million at 60 and I’m worried so I can’t relate to 200k.
2023-12-09 13:03:58
8
55tim02can
user2107899118276 :
Can’t count on the stock market. Election year. Right now I’m out of it & liking 5.50% CDs
2023-12-25 01:41:47
11
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