How to fund your fabulous gay retirement
How will you fund your fabulously gay retirement? Find out here on this episode. Then download your FREE Queer Money Kickstarter, a 9-step Guide to Kickstart Your Journey to Financial Independence.
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How will you fund your fabulous retirement
On this Queer Money®, we’re sharing how to fund your fabulous retirement, part three. What are the sources of income for your retirement? We’re sharing exactly how to figure that out.
The brand new tool we used, which is in the beta version, was the Nest Egg Navigator. It helps you determine what will fund your fabulous retirement. If you want the Nest Egg Navigator, please leave a thumbs-up and/or comment on our video. If you have not watched steps one or two yet, please see the links below for both episodes.
Today’s economy requires multiple income streams. Most people have some retirement and some Social Security, but it is not enough. You can not guarantee inheritance. Don’t forget in today’s economy, we need multiple sources of income, and social security is not as reliable as it once was. We highly encourage you to look into multiple sources of income for yourselves. We discuss the topic of how you can find multiple sources of retirement income on our Queer Money® episode #546, 12 Sources of Income in Retirement.
Your third assignment is to start planning what your funding sources will be for your fabulous retirement. Where could I, or where will I mostly have those sources of income? So you can add up or estimate. Social Security was never intended to be the source of your retirement income.
For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe.
Previous Bonus Podcast Episodes
- Step 2 – How Much You Need to Retire Fabulously
- Step 1 – Here’s What Your Fabulous Gay Retirement Looks Like
- Why Gays Can’t Save for Retirement Part 2
Click below to listen to this bonus episode.