Do you really need to have $1M to retire?
The Canadian Money Roadmap
EPISODE SUMMARY
In this episode, Evan covers off some rules of thumb for saving for retirement and how to know if you’re on pace. Evan answers the question of whether you really need $1M to retire.
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TOPICS IN THIS EPISODE
- How much do you actually need to save for retirement
- What impacts your retirement savings needs
- Savings rule of thumbs and systems
- Recommendations to make saving as easy as possible
- Is $1M the right amount to have for retirement
RESOURCES MENTIONED
The Rule of 30 - book
OTHER EPISODES
17. Investing Basics Part 1 - Stocks
18. Investing Basics Part 2 - Bonds
27. Will you Have any Guaranteed Sources of Income in Retirement
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