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HOW MUCH Retirement INCOME can you generate with $500,000? 💵

How much retirement income can you generate with a $500,000 nest egg? Smaller nest eggs usually mean less room for error. For some people, this may not be enough money to retire on. But for some, especially if you have social security, a pension, a side gig, or other forms of income, it might be. Depending on how you invest the $500,000, it can be enough. We need to look at withdrawal rates. Is 4% the right number? What's important is that you don't run out of money in retirement. If you want to plan for early retirement, this video is for you! Subscribe:    / @happyonmonday   **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. Poor on paper video    • “POOR on PAPER” Save THOUSANDS on Tax...   IRA CDs video    • PROs and CONs of IRA CDs 🏦   Bucket strategy video    • Early Retirement Bucket Strategy   Safe withdrawal rate video    • DOES the 4% Rule WORK for Early Retir...   Simple Investment Tracker https://www.vertex42.com/ExcelTemplat... #500k #portfolio #financialplanning #sidehustle #retireearly #debt #market #stocks #marketcrash #retirementincome #financialfreedom #investing #retirementsavings #retirementplanning

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