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The $1.8 Million Retirement Lie: How Much You REALLY Need

Try Rocket Money for free: https://RocketMoney.com/Humphrey #rocketmoney #personalfinance In this video we go over the $1.8 Million Dollar Lie that is going around news outlets. You actually may not need that much money to retire. Networthify Early Retirement Calculator: https://networthify.com/calculator/ea... Money with Katie with Bill Bengen video:    • Does Early Retirement Still Work with...   FREE STOCKS: 🏆 Webull Deposit a Minimum of $500 and Get a Guaranteed $50 Free Stock: https://www.webull.com/k/HumphreyYang 🏆 Webull UK: https://www.webull-uk.com/i/humphreyUK 💸 SoFi Checking & Savings: https://sofi.com/humphrey Get up to 4.40% APY, pay no account fees and earn $250 when you sign up and set up direct deposit. Terms apply. 👾 Join our free Discord Community:   / discord   RESOURCES: 💵 Free Templates: https://beacons.ai/humphreytalks/free... 🐪 Hump Days Newsletter ➭ https://humpdays.substack.com ▶️ See What I Invest In ➭ https://whop.com/c/critical-wealth/ytd 💳 My Favorite Credit Cards ➭ https://cardonomics.com/i/humphrey MY SOCIALS: Secret Channel --    / @hug   Instagram --   / humphreytalks   Twitter --   / humphreytalks   TikTok --   / humphreytalks   Rickie (Editor) ➭   / coldgamerick   WHO AM I? Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth. PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel! ⏱️ Timestamps: 0:00 - Start Here 0:46 - The Spend 2:07 - The 4% Rule Is Changing 4:50 - Rocket Money 6:02 - The 4.7% Rule in Practice 7:48 - Other Income Considerations 9:21 - Retirement Calculator 11:20 - 4 Tips to Retire ASAP