Your Retirement Number Might Be Bigger Than You Think

When I ask people, “How much do you think you’ll need to retire?” the answers are all over the map. Some say $1M. Others guess $5M.

Here’s a quick way to check if you’re on track, the 20× Rule:

1️⃣ Take your current annual income

2️⃣ Multiply it by 20

3️⃣ That’s your ballpark retirement savings target

Example:

💰 $100K income → aim for about $2 million

💰 $150K income → think $3 million

Why this works:

• Keeps withdrawals under 5% a year, helping your money last 25-30 years

• Accounts for inflation and rising healthcare costs

• Gives you a quick, no-spreadsheet estimate

Of course, it’s just a starting point. Your real number depends on:

✅ When you retire

✅ The lifestyle you want

✅ Other income streams (Social Security, rental income, pensions)

✅ How your investments and taxes are managed

💡 Smart Move Tip: Don’t guess, Plan for it. The earlier you map out your retirement income, the more flexibility and security you’ll have.

So, ask yourself: “How much do I need to retire comfortably?” If you're interested in learning your number and creating a plan, DM me or click here to book your complimentary session.