Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. for retirement.

Hi, everyone, and welcome back to another episode of Ready for Retirement.

I'm your host, James Cannell.

And today on the podcast, we're going to do something a little bit different.

Up until now, we've been doing single episodes, and those episodes have been designed to answer one specific question and to go fairly deep on that one particular topic. And that's great in a lot of instances. Other times, though, there's a topic or there's a question or an idea that takes a little bit more exploration, a little bit more than we can do in one 20-minute episode. So what we're going to begin today is we're going to begin a new series called the Countdown to Retirement Series. And what it is is one big picture question of how do you

know if you're on track for retirement? But we're going to break that down into four individual

episodes because it once heard an interesting and unique approach to retirement planning.

And this approach essentially said that your ability to retire comes down to

your ability to answer yes to four distinct and separate questions. And so what we're going to do

is we're going to explore each of those questions, understand what they are, and then understand

how do you know if you can answer yes to that question? And today, on the countdown to retirement

series, we're going to start with the question number one. And that first question is probably the first question most of you think of when it comes to

am I ready to retire. It's do you have enough? And that's money. So do you have enough money to

retire? Now, that's a question probably a lot of us have and it can be a difficult question because

it's a question that depends on a lot of different variables and it's a question that's going to be unique and different

for every individual person. So on today's episode, what we're going to do is we're going to understand

the framework or the approach that you need to take if you want to understand if you have enough to

retire, which is step one of four steps that will enable you to see if you're in a

position to retire. So let's jump right in. There are four distinct things that you need to

understand as you ask this question of do you have enough to retire. And what I always encourage

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