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| Name | How Much Can You Expect To Spend In Retirement with a $2 Million Portfolio? |
| Video Uploader | Video From Evan Neufeld, CFP® |
| Upload Date | This Video Uploaded At 04-07-2024 19:42:15 |
| Video Discription | Can You Afford to Retire with a $2 Million Portfolio? | Retirement Spending Guide In this video, financial planner Evan Neufeld explores how much you can realistically spend in retirement if you have a $2 million portfolio. Using a hypothetical couple, he reviews crucial factors such as savings, income sources like CPP and OAS, spending needs, life expectancy, inflation, and investment returns. Evan demonstrates various tweaks like adjusting spending, deferring benefits, and altering retirement age to ensure a secure and enjoyable retirement. This informative guide helps viewers understand the impact of different retirement decisions on their financial future. 00:00 Introduction and Purpose of the Video 00:39 Meet John and Mary: A Hypothetical Couple 01:04 Analyzing Their Financial Situation 03:12 Retirement Spending and Assumptions 06:42 Tweaks to Improve Retirement Readiness 12:01 Final Recommendations and Conclusion |
| Category | People & Blogs |
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