How Much Money Do I Need to Retire?: Uncommon Financial Planning Wisdom for a Stress-Free Retirement

How Much Money Do I Need to Retire?: Uncommon Financial Planning Wisdom for a Stress-Free Retirement

by Todd Tresidder

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Overview

Learn how retirement really works before it's too late...

"This book is the best I've seen on how to navigate the retirement savings question." (Forbes)

Most so-called "experts" plug your numbers into a retirement formula to tell you how much money you need to retire. Unfortunately, the conventional approach is fundamentally flawed. If you fail to learn how retirement savings truly works, then you'll either underspend and be miserable or overspend and run out of money.

How Much Money Do I Need to Retire takes you beyond the scientific facade of modern retirement planning. Author and former hedge fund manager Todd R. Tresidder has helped thousands of people find financial freedom through his website and podcast. Now you too can use his advice to take the guesswork out of your retirement planning.

In this book, you'll learn:

  • Why the best way to describe most retirement estimates is garbage-in/garbage-out
  • The five critical assumptions that can destroy your financial security
  • How to reduce the amount you need to retire by as much as $600,000
  • Three strategies to maximize spending today while protecting for the future
  • How to calculate the amount of money you really need to retire on the first try without software, online calculators, or being a math genius

Read this book to know more about your retirement planning than your financial adviser. Tresidder's book contains refreshingly straightforward, easy-to-understand, and concise advice on how to retire wealthy. This missing link of personal finance books will make you sleep easier. No retirement is secure without it.

Buy the book today so you can retire with confidence!

Product Details

BN ID: 2940163921843
Publisher: Todd R. Tresidder
Publication date: 01/02/2020
Sold by: Draft2Digital
Format: NOOK Book
Sales rank: 358,858
File size: 2 MB

About the Author

Todd R. Tresidder's financial writing has been featured in the Wall Street Journal, Smart Money Magazine, Investor's Business Daily, Yahoo Finance, Bankrate.com, and more. He is a former hedge fund manager who "retired" at age 35 to become a financial consumer advocate and money coach. In his spare time he's an outdoor recreational enthusiast with varied interests from backpacking and adventure travel to endurance running and cycling. He writes 9 months out of the year from his home in Reno, Nevada while his kids are in school and plays the rest of the year. You can learn more about Todd at http://financialmentor.com.

Table of Contents

INTRODUCTION

MODEL 1: CONVENTIONAL RETIREMENT PLANNING, THE SMART WAY

Part 1: What It Costs to Live a Great Life in Retirement

Part 2: It’s All About the Assumptions, Not the Calculator

Part 3: The Five Essential Questions

Question 1: How Much Income Do You Need to Retire?

Question 2: Why Is Inflation the Single Biggest Threat?

Question 3: When Will You Die?

Question 4: How Much Will Your Pension Contribute?

Question 5: How Much Investment Income Can You Expect?

Part 4: How to Accurately Estimate Investment Returns

The Only Investment Return that Matters

Monte Carlo Calculators and Other “Random” Myths

How Valuations Make or Break Your Retirement

Part 5: How to Estimate Your “Magical” Retirement Number

Simple Models to Calculate Your Magic Number

Building Confidence into Your Plan

How to Find Your True North

Only Two Numbers Matter for Your Retirement Security

The Smart Way to Use Retirement Calculators

MODEL 2: LIFESTYLE PLANNING, THE CREATIVE WAY

Flip the Script on Your Retirement

MODEL 3: CASH FLOW PLANNING, THE SIMPLE WAY

My Secret to a Secure Retirement at Age 35

CONCLUSION

BONUS MATERIAL

AFTERWORD

GLOSSARY

Customer Reviews