Educate with Educo Episode 8: Preparing for Retirement

Educate with Educo Episode 8: Preparing for Retirement

June 04, 2024



In this month's blog video, Laura Scholz from Educo Advisor Group discusses the frequently asked question, "How much should I save for retirement?" The answer varies based on factors like current versus retirement income, Social Security, pensions, health care, and personal retirement goals. She emphasizes the importance of consulting a financial planner to create a tailored plan, rather than relying on general rules. For instance, while the 4% rule and income multipliers offer guidelines, they don't account for inflation, taxes, or major life events. Scholz invites viewers to schedule a free consultation to assess their retirement readiness and plan effectively.

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