Is $250K, $500K, $750K, and $1M Enough to Retire Comfortably?

Start your path to financial freedom with a detailed financial plan for $0: https://bit.ly/4cSDUf0 Do you actually know how much you need to retire comfortably? Most people don't. In this episode of the Property Academy podcast, Ed and Andrew break down exactly what you can spend in retirement at five different levels: ● Tier 1: $100k (tight, emergency fund only) ● Tier 2: $250k (dinner out once a fortnight, camping trips a couple times a year) ● Tier 3: $500k (regular dining out, domestic holidays, overseas every couple of years) ● Tier 4: $1M (regular overseas holidays, quality health insurance, buffer for shocks) ● Tier 5: $2M (multiple overseas trips a year, business class, premium everything) Ed also explains the three stages of retirement spending (Go-Go, Slow-Go, No-Go) and the #1 thing that changes the maths more than anything else: whether you own your own home. If you're renting in retirement, this episode will show you why the numbers get really tough. Subscribe to the podcast for daily episodes: https://linktr.ee/Thepropertyacademypodcast Ep. 2384⎟Property Academy podcast https://www.opespartners.co.nz/ https://www.instagram.com/opes_partners/ 00:00 Is $100k enough to retire on? 00:34 Do most people know how much they need to retire 03:13 The $100k lifestyle 05:38 The $200k lifestyle 10:15 The $500k lifestyle 12:20 The $1 Million lifestyle 13:48 The $2 Million lifestyle #retirement #retirementplanning #retirementsavings This track has been registered for Content ID by AdRev. AdKey:P7GM4kxKBYjRzX Opes Partners Comment Deletion Policy At Opes Partners, we encourage open discussion and respectful debate. If you disagree with us or our content, that’s totally fine – we won’t delete your comment. However, if your comment is mean-spirited, personal attacks, or targets our presenters, we will remove it. Our goal is to maintain a safe, supportive environment for everyone in our community. Let’s keep it respectful, constructive, and focused on growth.