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The Wealth and Income PodcastAuthor: Wealth Woman & Acorn Grove
On this podcast, we use the same financial tools you already know to help set you free. Free to do what you want with your time, with your money, and with your energy, free to live your life the way you have dreamt about. We will talk about wealth knowledge, personal reflections, and the financial industry news of the day. Language: en Genres: Business, Education, Investing, Self-Improvement Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Episode 251 - Why 8x Your Income Isn’t Enough to Retire
Episode 253
Thursday, 10 July, 2025
A friend told me her advisor said she only needed eight times her income to retire. I nearly spit out my drink. In this episode, we unpack the numbers behind this dangerously oversimplified advice—and walk through what it actually takes to retire without running out of money. From withdrawal rates to Monte Carlo simulations, we explore why conventional wisdom often falls short and what you need to do instead. Whether you’re aiming for $100K or $1M in annual income, this is the retirement math no one talks about—but everyone needs to hear.
