The Real Math of Working One More Year (It’s Not What You Think)

About this episode

The episode discusses the implications of working an additional year before retirement and how it can alter financial outcomes.

"Just one more year, to be safe." I've heard that sentence more times than almost any other in my career. One year becomes two, two becomes five. By the time they finally retire, something has shifted and retirement looks very different. This is the math of working one more year. Both sides of it. We're going to cover: - why Mark and Carol (example case) had $2.5 million saved and still couldn't say yes - the $600 a month question that changed everything in the room - what Carol said when ...

People in this episode

Host: James Conole

Topics covered

• retirement planning
• financial decision making
• working longer
• savings
• retirement math

Keywords

• retirement
• financial planning
• savings
• working longer
• decision making

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