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What If I Retire With “Only” $1M?

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Manage episode 523724907 series 2510975
Content provided by Phil Putney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Putney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Want to learn more about financial planning? Please subscribe to our channel and you won't miss a video ➟ https://bit.ly/33RO6mV

Book an appointment with Phil to get your customized planning process started ➟ https://www.afswealthmgt.com/schedule-appointment

It’s easy to feel behind when you compare your savings to your brother, your coworkers, or the YouTube guy claiming he retired at 38. But the truth is that “only” having $1 million doesn’t tell you anything without understanding your lifestyle, income sources, and retirement vision. Today, Phil explains why the comparison game is misleading and how defining your own target brings far more confidence than chasing someone else’s number.

Here’s some of what we discuss in this episode:

📊 Comparison Trap: why measuring yourself against others is so misleading

🎯 Define Your Target: how to build a retirement number that fits your life

🏖️ Lifestyle Drives the Math: expenses, goals, and expectations shape the plan

⏫ Catch-Up Strategies: saving more, adjusting timelines, or shifting risk thoughtfully

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: https://bit.ly/3WdDG96

  continue reading

299 episodes

Artwork
iconShare
 
Manage episode 523724907 series 2510975
Content provided by Phil Putney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Putney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Want to learn more about financial planning? Please subscribe to our channel and you won't miss a video ➟ https://bit.ly/33RO6mV

Book an appointment with Phil to get your customized planning process started ➟ https://www.afswealthmgt.com/schedule-appointment

It’s easy to feel behind when you compare your savings to your brother, your coworkers, or the YouTube guy claiming he retired at 38. But the truth is that “only” having $1 million doesn’t tell you anything without understanding your lifestyle, income sources, and retirement vision. Today, Phil explains why the comparison game is misleading and how defining your own target brings far more confidence than chasing someone else’s number.

Here’s some of what we discuss in this episode:

📊 Comparison Trap: why measuring yourself against others is so misleading

🎯 Define Your Target: how to build a retirement number that fits your life

🏖️ Lifestyle Drives the Math: expenses, goals, and expectations shape the plan

⏫ Catch-Up Strategies: saving more, adjusting timelines, or shifting risk thoughtfully

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: https://bit.ly/3WdDG96

  continue reading

299 episodes

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