Income Over Wealth

One couple's $7,000-a-month life priced at each retirement age, and why the age you stop changes how much income you need

Show Notes

Your monthly bills are only part of the answer. This episode prices one couple's $7,000-a-month life at each target age, starting with what health coverage costs once the job stops paying most of it. KFF puts the average family premium at $26,993, with the employer covering about three quarters. Dan also covers which savings are allowed to pay you before 59 and a half, and how long the income has to keep up with prices when you plan to 95.

  • Why the 10% early withdrawal penalty matters more at 50 than at 55
  • How the Rule of 55 works, and the accounts it doesn't cover
  • Why stopping at 50 is mostly about where your money sits

Take the free Retirement Income Roadmap (7 questions, about 30 seconds): incomeoverwealth.com/map

Watch this episode on YouTube: https://www.youtube.com/watch?v=c8CC41z8SmU

This episode is educational and focused on strategy and math. Always consult a qualified tax or financial professional before making personal financial decisions.

What is Income Over Wealth?

Retirement is an income problem, not a net-worth problem. Dan Wilson is a real estate investor, not a financial advisor. He buys and rents houses in Ohio, funds them with private money instead of bank loans, and built enough income from real estate to leave the Air Force. Twice a week, in about fifteen minutes, he works out how to replace a paycheck in retirement: where monthly income actually comes from, what each source costs you in risk, and how private lending works, including what to demand from any borrower. Every episode is also a video on YouTube. Free tools, the weekly letter, and every episode's notes are at https://incomeoverwealth.com. Educational only. Not financial, legal, tax, or investment advice, and not an offer or solicitation of any investment.