72 | 7 Ways to Calculate When & If You’ll Be Able to Retire + Achieve Financial Freedom (Will You Be Able To Live Happily Ever After?)

Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

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Retirement is just a number. Our Happily Ever After System shows you exactly how and when you can officially retire because you’re financially independent.

When we say retire here, we mean financial independence. That term is less understood, so we’ll take a moment to explain it before we begin. Financial independence is all about having options. When you have financial independence, you can choose to work or choose not to work. You can change jobs without concern. You can pursue a passion without worrying about money. You can take a year sabbatical and go do missionary work. You can take a few months off to help your child with their first child. It’s all about options. When we say retire, know that this is what we mean. We do not mean sitting at home on a recliner watching Wheel of Fortune (unless that’s what you want to do).

In this episode we cover:

• How to calculate your retirement / financial freedom number.

• Determine what your income will be including pensions, disability and anything else you’ll be getting.

• Calculate the gap - how much you’ll need to pull out of investments to bridge the gap.

• The 4% rule (how to live off of the interest of your investments rather than the principal)

• The Rule of 72 / Compound Interest

• How to calculate your net worth.

• How to get to your magic retirement number

• How to be a GOOD investor (not having to go stop/start investing or pulling from investing)

• How to diversify your investments

• Why you should pay off your home

• Why you need to conduct an annual “Dream Date” where you discuss your financial goals, your dreams and your progress.

4 Ways To Connect With Us:

1️⃣ FREE CALL: Book your FREE 20-Minute Financial Coaching Call now! Get personalized advice and start your financial journey ➡︎ https://www.budgetbesties.com/freecall

2️⃣ FACEBOOK: Become part of our Supportive Facebook Group. Connect, share, and learn with others mastering their budget skills ➡︎ https://www.budgetbesties.com/facebook

3️⃣ BUDGET: Grab our Signature Budget Template! It's your key to organizing and optimizing your finances effectively ➡︎ https://budgetbesties.com/budget

4️⃣ COACHING: Ready to dive deep into your finances? Sign up for 1-on-1 or Group Financial Coaching. It’s the accountability and guidance you need to make real progress ➡︎ https://budgetbesties.com/coaching

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