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How Much Do I Need To Spend $10k/Month In Retirement? Hint: LESS THAN YOU THINK!
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Understanding how much money you really need for retirement is essential. This episode reveals that you don't necessarily need $3 million to retire comfortably, and discusses dynamic spending and adaptable withdrawal strategies to enhance financial security and freedom. • Overview of common retirement spending misconceptions • Importance of dynamic spending throughout retirement • Critique of the 4% rule and its limitations • Introduction to Guyton's Guardrails approa...