If your paycheck stopped today how long could you keep your lifestyle In this episode Moise Piram and Andrew Nida from Asset Management Group Inc share a simple roadmap to start saving for early retirement and calculate your number with clarity. You will learn how to reach a 20 to 25 percent savings rate without feeling broke where each dollar should go and how to design a flexible withdrawal plan around 3.7 to 4.0 percent.
What you will learn today • How to estimate your early retirement spending and translate it into a target number • The savings sequence that works match then HSA then IRA then max your plan then taxable • How to set realistic return expectations so your plan does not rely on luck • How to crush high interest debt build a cash buffer and right size big expenses • How to design a paycheck in early retirement with cash reserves and guardrails • Two real client stories that show what works and what stalls
Like the video subscribe to the channel and share this with a friend who wants work to be optional sooner
Important notes This video is for educational purposes only and is not investment tax or legal advice. Investing involves risk including possible loss of principal. Examples are hypothetical and for illustration only. Speak with a qualified fiduciary advisor about your specific situation. Rates limits and laws can change. All opinions are those of the speakers at the time of recording.
#earlyretirement#financialplanning#retirementplanning#wealthmanagement#RothIRA#HSA#401k#financialindependence#debtfree#investing early retirement, retire early, how much to retire, retirement number, retirement math, safe withdrawal rate, 4 percent rule, 3.7 percent withdrawal, savings rate, save 25 percent, financial independence, FI, financial planning, retirement planning, HSA, Roth IRA, 401k, taxable brokerage, asset allocation, emergency fund, debt avalanche, credit card APR, Moise Piram, Andrew Nida, Asset Management Group Inc, make work optional, guardrails retirement, Roth conversions, 72t, high income families, millionaire next door
early retirement, early retirement plan, how much money do I need to retire, retirement savings strategy, retirement withdrawal strategy, safe withdrawal rate, 3.7 percent rule, 4 percent rule, best order to save, HSA investing, Roth IRA strategy, 401k match strategy, taxable brokerage investing, debt payoff plan, emergency fund, retirement cash bucket, guardrails spending, Roth conversion ladder, financial independence for high income earners, retire early calculator, make work optional, Asset Management Group Inc, Moise Piram, Andrew Nida, wealth management, tax planning for retirees, investment planning, savings rate 20 percent, savings rate 25 percent, retirement portfolio basics
What is Asset Management Group, Inc ?
Want to take control of your financial future? Discover essential concepts you need to know in order to maintain a healthy financial position. Andrew Nida and Mo Piram use their years of industry experience to help educate and enlighten listeners and keep us informed on the financial news we need to know.
