Episode 46 - The Magic Number
Update: 2024-04-30
Description
Recently the Wall Journal published an article saying the new “magic number” one most have saved in order to retire is $1.46 million. In this episode Nik and Todd attempt to dissect the reasoning behind the number, how applicable numbers like this are, and how to determine what your “magic number” might be in order to retire.
Check out the article mentioned in this episode: https://www.schwab.com/learn/story/beyond-4-rule-how-much-can-you-spend-retirement
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