TOGETHER WITH

🚨 Here’s what you’ll learn today in one money minute (or less) 🚨

• 💹Gooooooooooals! 💹

• 💸 Trying to visualize retirement and can’t quite picture it? Got you covered 💸

• ⚡Don’t retire from something, retire to something! ⚡

Let’s talk about you.

Take a minute to picture your perfect retirement. Where are you living? What are you doing? Are you fishing every day on your boat? Driving the grandkids to soccer practice? Or are you jetting off to Italy for a few months? Really picture it. Close your eyes, take a deep breath, and imagine how your best retirement would feel.

Now, open your eyes.

 What did you see?

Everyone wants a one-size-fits-all, foolproof retirement savings plan. But guess what? It doesn’t exist. Your resources and your goals will determine what your retirement looks like—there’s no universal blueprint.

Now that you have an idea of your dream retirement, it’s time to crunch some numbers. Living above your kid’s garage comes with a very different price tag than sipping espresso in Milan. Get granular. You don’t have to be exact (because, well, life), but try to estimate how much you’d need to cover food, housing, transportation, healthcare, and anything else that matters to your future self.

Next step: how long do you plan to be retired? When do you want to stop working, and when will you have to stop?

Now, let’s put it all together. Multiply your estimated annual expenses by the number of years you expect to be retired. That’s your magic number.

Reaching that goal will take work—but you can do it. And I believe in you!

Oh— and where should you put that nest egg? Public of course— my favorite brokerage! Check out their IRAs today… your future self will thank you.

xo,

All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.

Alpha is an AI research tool powered by GPT-4.  Alpha is experimental and may generate inaccurate responses.  Output from Alpha should not be construed as investment research or recommendations, and should not serve as the basis for any investment decision. Public makes no warranties about its accuracy, completeness, quality, or timeliness of any Alpha out. Please independently evaluate and verify any such output for your own use case.