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How Much Money Do You Need to Retire Early?
Retiring early? You’ll need income before Social Security starts. List sources like part-time work or dividends. If you start drawing on your social security at 62 your benefits are reduced by 30%...forever... so plan ahead. A 4% withdrawal from a $1 million portfolio gives $40,000 a year. Short on income? Watch my full video for five key retirement tips!
Want more in-depth financial strategies? Subscribe to my Substack where weekly, I break down complex financial strategies into actionable steps you can easily implement in your busy life. My goal? To help you simplify your finances, achieve financial success, and live the life you want.
https://chisholmfinancialplanning.substack.com/
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Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice.
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