Could I survive on Social Security? If for some crazy reason I lost all of my retirement savings and could not get a job could I live on $2,030/month? Knowing you have reliable income sources like Social Security, pensions, or annuities feels a little more secure than only having a retirement account that’s subject to market volatility. Having flexibility in your spending is important. You CAN adjust non-essential categories based on market performance or inflation levels and still keep essential expenses covered. I share how I would reduce my spending to make this work. If you want to plan for early retirement, this video is for you!
Subscribe: https://www.youtube.com/@HappyonMonday?sub_confirmation=1
**I am NOT a financial planner! This is just the story of my personal financial planning for retirement. You should do your own research and talk with your financial planner before investing.
#socialsecurity #survive #budget #retirement #marketvolatility #costofliving #expenses #portfolio #investment #stocks #bonds
コメント