How much money do you need to retire?

Do different generations have similar perceptions when it comes to how much money they need to retire? #retirement #retirementplanning #generations

[adriandillon]

Assuming you want to retire - before retirement age - you need way more than a million regardless of what age you are.

[rclifegu]

And some people just need there family time no money down. Nothing is more important then spending time with your love ones bc when the sun goes down at the end of the day it’s time thats lost forever. LIVE SIMPLE

[bruced.]

Why is it so hard to say it depends on the expenses.

[celebro]

Is there some formula to determine the amount

[soniak]

Plan to withdraw 4% of your total nest egg every year and plan to need to withdraw for 25-30 years and plan for inflation. Figure out what you think you’ll need to live the Lifestyle you plan to lead in retirement and do the math.

[AaBbCcDdEeF]

The politician at the end of the vid is right.

[anthonyfootball]

With inflation 1 million might last you 20 years if your lucky!

[jordanfgfox]

With this economy yeah you're going to need a million dollars If you live in the house