How much money do you need to retire? It depends on a number of factors including what age you expect to retire and the annual income you want to have available. Even if the number is lower, you’ll probably be surprised at the amount of money that you will need to retire the way you want. This is where your financial freedom number comes into play.
Bob and Shawn show you how to estimate what your financial freedom number might be in order to retire as successfully as possible. Granted, this number can change and there are quite a few factors that go into it. However, having a number to start with allows you to start your journey towards retirement and financial freedom.