cover of episode Winning Financially in 2025: Setting Yourself Up For Retirement

Winning Financially in 2025: Setting Yourself Up For Retirement

2025/1/8
logo of podcast Money Rehab with Nicole Lapin

Money Rehab with Nicole Lapin

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Nicole Lappin
一位致力于财务教育和媒体的专家,通过多种平台帮助人们提高财务素养。
Topics
Nicole Lappin: 制定成功的退休计划的第一步是确定你实际需要的退休金。这需要考虑你希望在退休后维持哪种生活方式。我将退休生活方式分为三个等级:足够富裕(满足基本生活需求)、相当富裕(维持现有生活水平,偶尔享受一些额外开支)、超级富裕(拥有远超消费能力的财富)。 首先,你需要列出每个等级下每月和每年的必要开支。 对于足够富裕的生活方式,只列出绝对必要的开支,例如住房、食品、水电费等。然后将每月开支乘以12,得到每年的预算。 对于相当富裕的生活方式,在足够富裕的预算基础上,增加一些额外的开支,例如偶尔外出就餐、健身会员费等。同样,将每月总开支乘以12,得到每年的预算。 对于超级富裕的生活方式,在相当富裕的预算基础上,增加所有你能想到的高额开支,例如度假屋、游艇等。同样,将每月总开支乘以12,得到每年的预算。 接下来,你需要计算出在整个退休期间(通常为20-30年)你需要总共节省多少资金。将每个生活方式等级下的年度预算乘以你预计的退休年限,即可得到所需的总储蓄金额。 我以美国中位数家庭收入为例,给出了三种生活方式下所需的储蓄金额:足够富裕(60万美元)、相当富裕(120万美元)、超级富裕(200万美元)。 记住,这只是一个参考,你的实际情况可能会有所不同。 Mara: 作为一名听众,我希望能得到关于如何预测退休所需资金的指导,以便更好地规划退休储蓄。

Deep Dive

Key Insights

What is the first step in creating a successful retirement plan?

The first step is to determine how much money you will actually need for retirement. This involves calculating your anticipated annual expenses and multiplying them by the number of years you expect to be retired.

What are the three levels of wealth outlined in Nicole's upcoming book?

The three levels are: 1) Rich Enough, where basic expenses are covered without frills; 2) Pretty Rich, which allows for maintaining your current lifestyle with occasional splurges; and 3) Super Rich, where you have more money than you can reasonably spend, enabling a luxurious lifestyle.

How can you calculate your annual 'Rich Enough' budget for retirement?

To calculate your annual 'Rich Enough' budget, list all your essential monthly expenses (e.g., housing, utilities, basic food), add them up, and then multiply the total by 12 to get your annual budget.

What is the recommended number of non-working years to budget for in retirement?

Nicole recommends budgeting for 20 non-working years in retirement, though some financial experts suggest planning for 30 years. The exact number depends on personal circumstances and preferences.

How much money is needed for a 'Rich Enough' retirement lifestyle based on average U.S. household income?

Using the average U.S. household income of $63,000 before taxes and an annual burn rate of $30,000, you would need $600,000 saved to support a 'Rich Enough' lifestyle for 20 years of retirement.

What is the estimated savings needed for a 'Pretty Rich' retirement lifestyle?

For a 'Pretty Rich' lifestyle, with an annual spending target of $67,000, you would need approximately $1.2 million saved to cover 20 years of retirement.

What is the estimated savings needed for a 'Super Rich' retirement lifestyle?

For a 'Super Rich' lifestyle, with annual spending of around $100,000, you would need approximately $2 million saved to support 20 years of retirement.

What is the purpose of Airbnb's co-host network?

Airbnb's co-host network connects hosts with experienced local co-hosts who can manage tasks like reservations, guest communication, property support, and even listing creation, making hosting easier for those who cannot manage their properties full-time.

What does NerdWallet's 2025 Best of Awards list offer?

NerdWallet's 2025 Best of Awards list provides curated recommendations for the best financial products, including credit cards, savings accounts, and auto insurance, based on extensive research and reviews of over 1,100 products.

Chapters
This chapter emphasizes the importance of determining your retirement needs. It introduces a three-tiered approach: 'rich enough', 'pretty rich', and 'super rich', each representing different spending levels in retirement. The process involves calculating annual expenses for each level and considering the duration of retirement.
  • Three levels of retirement wealth are defined: rich enough, pretty rich, and super rich.
  • The first step to retirement planning is determining how much money you will need.
  • A roadmap for calculating retirement needs is presented.

Shownotes Transcript

The** **very first step in making a successful retirement plan (yes, even before starting that IRA) is to know how much you’ll actually need for retirement. Today, Nicole answers a question from a listener about how the heck to make that prediction. Tune in to find out!