How Much Do I ACTUALLY Need to Save?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Business, Investing

4.7 • 3.1K Ratings

🗓️ 1 June 2022

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Some people suggest saving 10-15% for retirement, and we recommend saving 20-25%. So does our recommended amount ever change depending on life situations? We'll walk you through that question and more in today's Q&A episode! Watch more exclusive content only on YouTube! Visit our website - Get our FREE financial resources - Sign up for our Financial Order of Operations course - Get easy to understand answers to your financial questions Follow us on social media! -Instagram -Twitter -Facebook -TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Okay, no, no, no, no, I know you're about to do the Q&A, but I'm gonna do I have to go to the restroom.
0:05.8	Are you serious?
0:06.8	I have to go to the restroom.
0:07.8	Is this happen?
0:08.6	Guys, so don't get mad at me.
0:09.8	You're watching this happen.
0:10.8	Don't get mad at me.
0:11.8	I just said I didn't want you to go set up the Q&A.
0:13.8	Right.
0:14.8	I'll be right back.
0:15.8	So just cover the show for like two seconds.
0:17.8	Should I answer some questions?
0:19.8	And then I'll, I'm gonna answer some quick.
0:21.8	Nate, we've literally never done this before.
0:25.0	I don't know what to do right now.
0:27.0	This has never happened.
0:28.2	Nate, I can either answer some questions or I can wait and set up the Q&A.
0:33.8	You want me to set it up.
0:35.8	Let me answer a question and then when it comes back, I'll set it up.
0:39.4	I'll set it up.
0:40.4	So you guys are in for a special treat because boy, I wasn't expecting this.
0:44.8	It's Brian Preston, the money guy, restoring order to your financial chaos.
	...

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