Can I Retire at 53 with $900,000 in Retirement Savings & Retirement Investing Accounts?

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  • čas pƙidĂĄn 1. 01. 2023
  • Can I Retire at 53 with $900,000 in Retirement Savings & Retirement Investing Accounts?
    Can I retire at 53 with $900,000 saved for retirement? Is 53 too young to retire? What about retirement income before claiming Social Security benefits? If I can't retire at 53 what about retiring at 55 or retiring at 60?
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    Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strategies for "retirement planning at 30", "retirement planning at 40", "retirement planning at 50", or even "retirement planning at 60" understanding how much retirement income that you want versus how much you need gives you a roadmap to follow to and through retirement.
    Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called "Your Financial EKGℱ." What we are trying to visualize is how long a persons retirement savings are going to last throughout retirement. If you are looking for early retirement planning tips or trying to saving for retirement in your 50's, You Financial EKGℱ is a great tool to help you understand where you are retirement planning. Retirement planning and retirement income strategies shouldn't be complicated. They should just be done right.
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Komentáƙe • 24

  • @yourfinancialekg
    @yourfinancialekg  Pƙed rokem +2

    **To schedule your virtual retirement and investment consultation with Drew, please select a day & time that works best for you: calendly.com/pearlwealthgroup/discoverycall **

  • @rayanderson3164
    @rayanderson3164 Pƙed rokem +3

    Cold hard facts sometimes rattle people's cages. Thanks Drew. Living as far below your means as possible is the best recipe for retirement success. Delayed gratification has brought us into the zone for a comfortable retirement and it was worth the sacrifices to us. I understand some don't, others won't, and many can't but doing it should be your biggest priority every payday. Find a way to pay yourself first each time and over decades you will be thankful for the gift you've given your future self. -Just my 2 cents.

  • @grcerosa
    @grcerosa Pƙed 10 měsĂ­ci +2

    As always Drew, great videođŸ‘đŸ»đŸ‘đŸ‘đŸ˜Š

  • @jamesjames2070
    @jamesjames2070 Pƙed rokem +1

    Smart dude

  • @Chris..440
    @Chris..440 Pƙed rokem +1

    There is also 72t rule to retire before 55

  • @EdA-bz3bu
    @EdA-bz3bu Pƙed rokem

    He is in real estate buy couple rentals. Buy the time he is 63 he will have that income to weather out the down years.

  • @jefflloyd394
    @jefflloyd394 Pƙed rokem +2

    Will his SS be that high? He is taking early AND has not paid in for 30 years ?

    • @yourfinancialekg
      @yourfinancialekg  Pƙed rokem +1

      No, which is another reason why he needs to keep working. Great observation!

  • @yourfinancialekg
    @yourfinancialekg  Pƙed rokem +1

    **Free Retirement Download: The Roadmap to Retirement:** 📊
    yourfinancialekg.com/#download

  • @persistenceovision
    @persistenceovision Pƙed rokem +3

    Nope 😂

    • @yourfinancialekg
      @yourfinancialekg  Pƙed rokem +2

      Just need to make some slight adjustments

    • @HappyPenguin75034
      @HappyPenguin75034 Pƙed rokem +1

      Is mortgage paid off - or lives at home? Curious the breakdown of outflows

    • @HappyPenguin75034
      @HappyPenguin75034 Pƙed rokem +1

      No home assets listed.

    • @persistenceovision
      @persistenceovision Pƙed rokem +3

      @@yourfinancialekgokay 900K @ 53 is “doable” sure. Risk is crazy high in this scenario. 55 is not 53. I was replying to the CZcams title. $36K + commissions means his lifestyle could be much higher.
      Retirement definition isn’t a locked in stone thing. People treat it like “I’ll never work again”
      53 means “Ben” has a LOT of good life to live!

    • @yourfinancialekg
      @yourfinancialekg  Pƙed rokem +2

      @@HappyPenguin75034 Owns Condo but not paid off yet.