Video Description

JP Morgan Study: https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/retirement-insights/guide-to-retirement-us.pdf 00:00 - Intro 00:54 - Why those rates are suggested? 03:03 - The Checkpoint Tables 06:19 - J.P.Morgan's assumptions 06:44 - Withdrawal Strategy 07:59 - Single Earner Example 14:42 - Dual Income Example 18:22 - Bloopers Learn how much your household should save at each age using J.P. Morgan’s retirement checkpoints by income—in today’s dollars. We cover why 5% vs 10% savings can work, how Social Security interacts with a ~4.7% flexible withdrawal strategy, and two clear examples (single-earner $60K; dual-earner $75K each). Use these numbers to see if you’re on track—without chasing an arbitrary $1M. Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!