How are we supposed to know how much money we need to live our retirement years comfortably? Is it a million dollars? Can you get by on less? How do we even go about determining this?
In this episode, J. Barry Watts explains what you need to figure out when looking to retire regarding that number in your bank account. We want to help you retire with confidence, dignity, and create a legacy for generations to follow, allowing you to live out your retirement years with ease.
Barry discusses:
- Why taxes are the centerpiece of your retirement strategy
- How far $1 million will get you in each state during retirement
- The diminishing correlation between money and happiness
- How to determine the monthly income you need
- And more
Related: How to Get to the 0% Tax Bracket