In this video, I’m going to share how to figure out how much money you need to save for early retirement. No one can tell YOU how much YOU need to budget or how much YOU need to live on. The correct amount varies a lot depending on the individual. I will explain how to estimate your total retirement savings needs and figure out your own personal retirement number. I also share a great tool for estimating your Social Security benefit when retiring early. If you want to plan for early retirement, this video is for you! Subscribe: https://www.youtube.com/@HappyonMonday?sub_confirmation=1 **I am NOT a financial planner! This is just the story of my personal financial planning for retirement. You should do your own research and talk with your financial planner before investing. https://youtu.be/gwO2wtmv75U Tool for estimating Social Security benefit when retiring early https://ssa.tools/ https://youtu.be/XZuO9dK0Fec https://youtu.be/63tjMPT4uKM https://youtu.be/67IuOld_LsY https://youtu.be/AGXWM9-zot4 https://youtu.be/IF0qdWXkN-k https://youtu.be/vNg7QGuNPhY #retireearly #target #budget #tracking #spending #inflation #taxes #healthcare #portfolio #youtubeincome #sidehustle #socialsecurity #stocks #financialindependence #retirementplanning

Retire earlybudgetretirement numberretirement budgetTrack spendingfixed expensesretirement spendingmonthly budgetretirement incomeinflationtaxesinvestment returnshealth caretax bracketportfoliopensionbridge accountYouTube incomeside gigsocial securityCOLASWRpre-taxafter-taxannual retirement needs4% rulebucket strategystockstarget amountfinancial freedomretire on lessretire on a budgetsave moneyretirement savings