How Much Do You Need to Retire? The 4% Rule Explained!
In this quick video, I break down the 4% rule to help you calculate how much you'll need to save for retirement and how much to invest each month to hit your goal. Whether you're just starting or nearing retirement, these tips will guide you on your journey to financial freedom.
What You'll Learn:
š¹ How to use the 4% rule to set your retirement savings target
š¹ Strategies to determine your monthly investment amount
š¹ Tips for adjusting your plan based on your timeline
Watch now and take control of your financial future!
#Shorts #RetirementPlanning #4PercentRule #FinancialGoals #InvestSmart #FutureReady #Retire #Retirement #AustralianExpats #FinancialAdviser #Wealth #PersonalFinance About Jarrad Brown:
Jarrad Brown is an Australian-trained and experienced Fee-Based Financial Planner with the Australian Expatriate Group of Global Financial Consultants Pte Ltd providing specialist financial advice and portfolio management services to Australian expatriates in Singapore. Subscribe to this YouTube channel for his latest tips and updates for Australian expats when it comes to making informed financial choices for their time abroad. Jarrad Brown is an Authorised Representative of Global Financial Consultants Pte Ltd ā No: 200305462G | MAS License No: FA100035-3
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*Please note that Jarrad Brown is not a tax agent or accountant and none of the content outlined here should be taken as personal advice. You should consult your tax agent and financial adviser to review your current personal finances and financial goals to consider whether this strategy is appropriate for y
@ALessOffensiveName
3 months ago
I'm trying to understand this. For an annual income of 75k and want to retire in 20 years: 3183.25 x 12 months = 38199 x 20 years = 763,980. Far short of the required sum. This is also taking into account the expected growth of the super and inflation? Is that correct?
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