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Money Girl

How Much Money Do I Really Need to Retire?

Money Girl

Macmillan Holdings, LLC

Entrepreneurship, How To, Investing, Business, Education

4.61.8K Ratings

🗓️ 25 October 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Laura explains sources of retirement income and easy ways to determine how much money you need for a secure, comfortable retirement.

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

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Money Girl is a part of Quick and Dirty Tips.

Links: 

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Transcript

Click on a timestamp to play from that location

0:00.0

Saving for retirement is the granddaddy of all financial goals because it requires a considerable

0:11.6

nest egg, but knowing how much you really need to retire, it's more like an art than

0:17.6

a science.

0:19.0

It's similar to planning a big party when you don't know when or where it will be, how

0:24.7

many people will show up, or how long it will last.

0:28.4

In other words, retirement planning has many variables, and no one-size-fits-all answer

0:34.3

for how much you should save.

0:36.4

But I'm going to make it super simple in this show by explaining different sources of

0:41.4

retirement income and how much money you'll need to create a comfortable, secure future.

0:47.9

Hey friends, welcome back to the Money Girl podcast.

0:51.0

I'm Laura Adams, an award-winning author, money-speaker, and financial spokesperson who's been

0:56.8

bringing you tips and advice weekly since 2008, with over 41 million downloads.

1:03.1

I want to thank a listener, a longtime listener, named Jay Ebony, who submitted this five-star

1:10.2

review.

1:11.2

I've been listening to Laura for so many years now, I have no idea.

1:16.0

I love how informative her podcasts are, and the length of episodes are quick and easy

1:21.4

to get through.

1:22.4

I learned something new with every episode, and this was the start of my financial journey,

1:27.9

and I've grown so much.

1:29.8

Thank you, Laura, and please never stop doing the good work.

1:33.8

Wow, Jay Ebony, thank you so much for your kind words.

1:38.0

Those sorts of words are why I will not stop doing the good work, and I appreciate you

...

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