Most people have no idea how much money they actually need to retire. And after 20 years as a Certified Financial Planner, I can tell you… this one simple formula has changed more retirements than anything else I’ve ever taught. It’s called the Rule of 25. And it’s the easiest way to estimate how big your portfolio needs to be so you can walk away from work without stressing every time the market hiccups. Here’s how it works: You take the amount of money you want to spend each year in retirement

Take note, and be motivated by Randell Tiongson a Life and Financial Planner expert. Watch as he give us more knowledge and guidance on how to handle extra bonuses outside our salaries. Let’s all watch this #throwback interview. #RicoHizon #FinancialPlanner #SavingsMoney | Rico Hizon

Certified financial planner Doug Flynn gives personal finance tips including tax-loss harvesting, Roth-IRA contributions and withdrawing RMDs. More #NewsNationNow: https://trib.al/xB6hhoE | NewsNation | Facebook