In this episode, we tackle the topic of retirement and the changing financial landscape. They discuss the recent revelation that Americans now believe it takes $1.46 million to retire comfortably, marking a significant increase from previous estimates. The conversation delves into the concept of retirement age versus financial readiness, exploring the 4% rule and its implications for sustainable income in retirement. We share our perspectives on what constitutes "rich" and the corresponding financial milestones for retirement. Through witty banter and insightful analysis, they offer thought-provoking considerations for planning a financially secure future.
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