Timothy Sumer

In this video, I talk you through the steps you need to follow to work out how much you need to retire, including going through your finances, calculating your state pension, using a pension calculator and working out your net retirement income. I also tell you what to do if your predicted retirement income is less than you'd hoped or you haven't already got a pension. Check out our full article below: 00:00 - How much do I need to retire? 00:53 - What is a good retirement income? 02:15 - Step 1 - Go through your finances 02:46 - Step 2 - Calculate your state pension 03:48 - Step 3 - Use our pension calculator 05:14 - Step 4 - Work out your net retirement income 06:18 - What if your predicted retirement income is less than you'd hoped? 07:17 - The next step if you've not already got a pension Pension calculator - Income tax calculator - Link where you can apply for state pension forecast - “What is a pension and how does it work?” video - #pensi

Can I Retire at 51 with $875,000 in Retirement Savings? YES! If you're approaching your 50s with $800,000 in retirement savings, you may be wondering if it's enough to retire comfortably. In this video, we'll explore the different factors that can impact your retirement planning and help you determine if you can retire at 50, retire at 55, or retire at 60 with your current retirement savings. By the end of this video, you'll have a better understanding of how to evaluate your retirement readiness and make informed decisions about your financial and retirement future. Whether you're planning to retire soon or just starting to save for retirement, this video is a must-watch for anyone looking to make the most of their retirement savings. **Free Retirement Download: The Roadmap to Retirement:** 📊 Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to

There can be a huge difference between what you should do for your financial planning while you're working vs. when you're retired. A new company, @retirable has stepped in to fill that gap and help more people protect their retirement. We talked to their own Nick Mancuso, who gave us a treasure trove of tips and insights. We talked about the biggest retirement mistakes, the importance of financial planning, changes to Social Security and Medicare, and so much more! *Affiliate Disclaimer* at the end of the episode Nick does mention reaching out to them via the email nj-life@retirable.com. We do have a referral partnership with them, so we may receive compensation for you reaching out to them via this email. They did not pay to appear on this podcast or sponsor it. We do have a longstanding relationship with them and respect their expertise. Listen to the podcast on Spotify, Apple Podcasts, and more! Search “Talking Retirement” to take the podcast with you everywher