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3 Types of Retirement, and the different savings strategies

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Manage episode 291904725 series 2907060
Conteúdo fornecido por Daniel W. Leonard and Dan Leonard. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Daniel W. Leonard and Dan Leonard ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

We are taking a look at another article from Michael Kitces' blog. "3 Types Of Retirement And Their Very Different Savings Strategies."

With life expectancies growing, the idea of a Traditional Retirement and Early Retirement are becoming harder and harder to achieve. The model of growing up and going to school for 20 years, working for 40 years, and then being retired for the rest of your life which is now stretching to 30 plus years if you retire at 60, is harder to make work. The article talks about two other types of retirement as alternatives to traditional retirement.

Then we dive into the PG&E 401(k) and your contribution rates and the company match. Many people think maxing out your 401(k) is a good idea. I am not here to tell you it isn't, but you need to know how PG&E matches your contributions. It is on a per-paycheck basis, so if you don't contribute on a specific paycheck, PG&E does not make a contribution.

Listen to learn how to ensure you don't miss out on matching dollars from the company.

For more information, visit the show notes at https://poweringyourretirement.com/2021/05/07/3-types-of-retirement-and-the-different-savings-strategies-3/

  continue reading

57 episódios

Artwork
iconCompartilhar
 
Manage episode 291904725 series 2907060
Conteúdo fornecido por Daniel W. Leonard and Dan Leonard. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Daniel W. Leonard and Dan Leonard ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

We are taking a look at another article from Michael Kitces' blog. "3 Types Of Retirement And Their Very Different Savings Strategies."

With life expectancies growing, the idea of a Traditional Retirement and Early Retirement are becoming harder and harder to achieve. The model of growing up and going to school for 20 years, working for 40 years, and then being retired for the rest of your life which is now stretching to 30 plus years if you retire at 60, is harder to make work. The article talks about two other types of retirement as alternatives to traditional retirement.

Then we dive into the PG&E 401(k) and your contribution rates and the company match. Many people think maxing out your 401(k) is a good idea. I am not here to tell you it isn't, but you need to know how PG&E matches your contributions. It is on a per-paycheck basis, so if you don't contribute on a specific paycheck, PG&E does not make a contribution.

Listen to learn how to ensure you don't miss out on matching dollars from the company.

For more information, visit the show notes at https://poweringyourretirement.com/2021/05/07/3-types-of-retirement-and-the-different-savings-strategies-3/

  continue reading

57 episódios

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