On this episode of “The Retirement Income Hour,” Mark Falter dives into the critical question, “How much money does it take to retire?” He breaks down the importance of understanding monthly income needs, factoring in Social Security, pensions and inflation to calculate a realistic savings target. Mark emphasizes the importance of transitioning from growth-focused investments to income-generating portfolios as retirement nears. He also highlights key risks to avoid, such as reverse dollar cost averaging and market volatility. This episode offers listeners a step-by-step approach to crafting their retirement recipe.
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