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VIDEO: Retiring soon? How much do I need to retire?


In the course of doing financial planning for clients. One of the primary questions that I’m asked is how much am I going to need in order to retire? Well, it depends. But if you think about it there’s really three different groups of people. You have your upper middle class type of retiree. They usually has somewhere between a half million and two million in assets. A upper class retiree has between two and five million of assets. And what would be considered wealthy, five million plus. Now, typically, the more assets that one has, the higher their standard of living.

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