Archive FM

Aligned Money Show

10: Retirement Planning Is Hard

Is retirement planning hard? Is it too complicated to do yourself? George G breaks down what’s required and how to put numbers behind your goals!   Here are the numbers George references:   So, if someone saves $15,000 a year for 30 years at an 8% rate of return, they would have approximately $1,621,159.30.   So, if someone saves $20,000 a year for 30 years at an 8% rate of return, they would have approximately $2,161,545.74.   So, if someone saves $25,000 a year for 30 years at an 8% rate of return, they would have approximately $2,701,816.85.   So, 8% of $1,621,159.30 is approximately $129,692.74. So, 8% of $2,161,545.74 is approximately $172,923.66. So, 8% of $2,701,816.85 is approximately $216,145.35.   So, if someone saves $15,000 a year for 30 years at an 8% rate of return, they would have approximately $1,621,159 So, if someone saves $15,000 a year for 25 years at an 8% rate of return, they would have approximately $1,399,967 So, if someone saves $15,000 a year for 20 years a...
Broadcast on:
27 Jan 2024

Is retirement planning hard? Is it too complicated to do yourself? George G breaks down what’s required and how to put numbers behind your goals!   Here are the numbers George references:   So, if someone saves $15,000 a year for 30 years at an 8% rate of return, they would have approximately $1,621,159.30.   So, if someone saves $20,000 a year for 30 years at an 8% rate of return, they would have approximately $2,161,545.74.   So, if someone saves $25,000 a year for 30 years at an 8% rate of return, they would have approximately $2,701,816.85.   So, 8% of $1,621,159.30 is approximately $129,692.74. So, 8% of $2,161,545.74 is approximately $172,923.66. So, 8% of $2,701,816.85 is approximately $216,145.35.   So, if someone saves $15,000 a year for 30 years at an 8% rate of return, they would have approximately $1,621,159 So, if someone saves $15,000 a year for 25 years at an 8% rate of return, they would have approximately $1,399,967 So, if someone saves $15,000 a year for 20 years a...