How much safe money should you have throughout retirement?

That's what we're going to talk about in today's podcast episode.

And I'm going to tell you how this came about.

So I was at home with my parents and my aunt came over and my aunt said, hey, you're like

the finance guy, right?

So like how much safe money should I have?

And is it like literally safe money? Like do I put cash

underneath the mattress? Do I have bonds or like there's inflation protected stuff? And so naturally,

I want to say a thousand different questions, not say I want to ask them. I want to say, well,

what does safe mean to you? And what does it

mean to have enough income throughout retirement? How much is enough? That's what I'm thinking. But in this case, she's just looking for a quick kind of answer. Like, how much safe money should I have? She's looking for a rule of thumb. And I think that's the reason these rules of thumb exists, because if they don't and I start asking questions, well, now we've talked for three hours.

So today. And I think that's the reason these rules of thumb exists because if they don't and I start asking questions, well, now we've talked for three hours.

So today should be a 10 minute episode, which is what I'm going for, and I've got my timer on.

We can even put a timer right here.

So if you're watching on YouTube, I'm putting this little clock down timer here so that you guys can make sure that I am sticking to that.

Now, some of these episodes I'll do, yeah, I'll do 15, 20 minutes if I'm really wanting to go deep on a certain case study.

But for this, it should be simple.

And I'm going to break it down for you and walk you through the logic.

Now, with this being said, if you are unfamiliar

with my content, I do videos and podcasts on Roth conversions, healthcare, Social Security,

withdrawing income, meaning which account do you pull from, umbrella insurance, anything

you could think of financially, I'm going to try to make a video on it and hopefully I can explain it in a way that resonates. Now, if there's a video that you go, I don't think you've made one yet on this, or could you please do this, put it in the comments below. I will certainly be the one looking at those comments, and my team will notify me, hey, we haven't done a video on this. Could you please make one?

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