How Far Will $250K, $500K, $750K, or $1M Take You in Retirement - for a Single Earner?
Erin Talks Money
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I'm Erin Moriarity & welcome to Erin Talks Money. 😊 Let's talk all things finance. Money, investing, wealth building, with an extra emphasis on retirement related subjects (and social security). Because the more you understand personal finance, the better life you can live. Please note that this channel does not provide financial advice, videos are made for entertainment purposes only. New Videos every week. Please note that I DO NOT have accounts on X (formerly Twitter) or Facebook and I will NEVER reach out to you though WhatsApp. Please stay vigilant and be aware of imposter accounts.
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Retiring with $250K, $500K, $750K, or $1M? This data-driven guide shows how much income you can expect, how timing your Social Security claim impacts your budget, and what a sustainable withdrawal rate really looks like. Perfect for anyone planning retirement or optimizing income from savings, pensions, or investments 00:00 Intro 00:54 The $250,000 Household (Single Edition) 03:45 Phased Retirement Example (Single Retiree with $250K) 07:13 The $500,000 Household (Single Edition) 09:16 $500,000 with a Pension Example 11:17 The $750,000 Household (Single Edition) 14:38 The $1 Million Household (Single Edition) 18:15 The Role of Social Security 19:26 The Bigger Picture 20:41 Bloopers Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!
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