Retire at 60 with $225,000 in Retirement Savings? || Can I Retire?

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Retire at 60 with $225,000 in Retirement Savings? || Can I Retire?
**Schedule your virtual consultation, click here: pearlwealthgroup.com/contact/ or use our calendar link: calendly.com/pearlwealthgroup... **
Dreaming of sandy beaches and early retirement? But with $225,000 saved for retirement, is it even possible to retire comfortably at 60?
This video dives deep into the factors that determine your retirement readiness. We'll explore:
Is $225,000 in Retirement Savings enough? Let's do the math!
Understanding your retirement lifestyle. 🆚
Maximizing your Retirement savings potential. ⏫
Considering additional Retirement income sources.
Creating a personalized retirement plan.
Whether you're on the right track or just starting out, this Retirement video equips you with the knowledge to answer the question: Can I Retire?
*Free Retirement Download: The Checklist to Retirement:* 📊
pearlwealthgroup.com/ **
Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called "Your Financial EKG™." What we are trying to visualize is how long a persons retirement savings are going to last throughout retirement. If you are looking for early retirement planning tips or trying to saving for retirement in your 50's, You Financial EKG™ is a great tool to help you understand where you are in your retirement planning. Retirement planning and retirement income strategies shouldn't be complicated. They should just be done right.
**Connect with us on Facebook: / pearlwealthgroup ** 👍
**Follow me on LinkedIn: www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=drewblackston 🙌
❌ *Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. All videos are for informational and educational purposes only. None of the content, comments, responses, information, or any other item on this channel constitutes financial advice or recommendations. Please call Pearl Wealth Group at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.* ❌
Pearl Wealth Group
Drew Blackston, CRC® & RFC®
Office: 813-807-5060
Info@pearlwealthgroup.com
pearlwealthgroup.com/
Getting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!
#retirementplanning #retirement #financialfreedom

Опубликовано:

30 июн 2024

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Комментарии : 31

@yourfinancialekg 2 дня назад

*Free Retirement Download: The Checklist to Retirement:* 📊 pearlwealthgroup.com/ **

@AmeliaJohnson-qp9uw 2 дня назад

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

@LukeJackson-q2v 2 дня назад

Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.

@ToosiiToosii 2 дня назад

It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

@tinaishatucker1329 2 дня назад

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

@ToosiiToosii 2 дня назад

I definitely share your sentiment about these firms. Finding financial advisors like *Layan Talia Chokr* who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@tinaishatucker1329 2 дня назад

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

@lmelior День назад

I can't get enough of these! Admittedly that's at least partially because they make me feel really good about my own situation, but also because I just really enjoy seeing and thinking about the math behind it. I've even thought about totally switching careers and going for a CFP 😂

@yourfinancialekg День назад

Go get it!!

@yanzukmjy 2 дня назад

Drew, love these kind of videos. Keep them coming 👍

@yourfinancialekg День назад

You got it!

@MARK-hc5qm 2 дня назад

I am almost in the exact same position as this person but my baseline is only 1100 a month. Have 250k for retirement. I’m 59 and Social Security at 62 will be 1800..I don’t need anymore money because my expenses are less than what social security pays. Been retired for 2 years now.

@yourfinancialekg День назад

Awesome!

@JKinLVN 2 дня назад

If zero debt, mortgage paid and have a big pension, yes. If debt, no other income, probably not unless you plan to move to the philipines and have no health insurance.

@managingmonasmoula9811 9 часов назад

I’m currently paying off my mortgage and the goal for that is December 2026. I want to retire by 60 also. And, I plan to retire with no mortgage payment. I was thinking of retiring at 57 but the penalty on SS is too great so I’ll just wait until I’m 60. I have my 401k, my savings and the equity in my home, my pension and SS too. I think I’ll be okay. I would like to find a part time job just to have pocket money and socialize 2 or 3 days per week. I’ll rely on my pension and SS to pay my minimal living expenses. I’ll have my property taxes and home insurance along with my regular basic needs to continue paying. I don’t think I’ll need to take out money from my 401k until much later on. I’ll be debt free which will be ideal.

@MrMountaincycle 18 часов назад

just subscribed! thanks for sharing your advice on retiring. - happy 4th!

@yourfinancialekg Час назад

Thanks for the sub!

@Csharpflat5 2 дня назад

I depends to me if you downsized big time it’s doable.

@JKinLVN 2 дня назад

At 60, usually there is no healthcare coverage. Unless I have other sources of income such as a pension, I wouldn't try. But hey. I'm sure there are plenty of gamblers out there. Roll the dice. What's the worse that can happen? You end up broke and then you go out and find a job at 65 for half of what you made. Nothing wrong with that. But I don't recommend it.

@tonylevine2716 День назад

@@JKinLVNGood luck finding a job at 65. Age discrimination is real.

@JKinLVN День назад

@@tonylevine2716 - Exactly. In my humble opinion, it's better to error on the side of caution. I've met formally retired people who had to go back to work. It often isn't pretty.

@noblegirl1991 2 дня назад

Can be done if moved overseas

@yourfinancialekg День назад

Yes!

@marksweather День назад

These videos are great! We are 7 years from retiring at 60, and plan to have 500,000 in 401k and a paid for house. Is this feasible? We expect our monthly expenses to be around $5000 a month. SS at 62 which will generate $3000 a month combined.

@yourfinancialekg День назад

Thanks for watching Mark!