Uploaded August 2026 | Updated September 2026, 2 weeks ago
Check out our new FREE Know Your Number Tool: moneyguy.com/tool/know-your-number
How much do you actually need to retire—and are your retirement savings on track today? We’re introducing the new Know Your Number retirement calculator, a completely free tool designed to help you estimate how much money you may need for retirement based on your age, spending, current investments, annual contributions, retirement age, expected returns, and withdrawal rate. We’ll walk through retirement planning examples for someone starting at 25, navigating the messy middle at 33, and catching up at 40. Whether you’re calculating your retirement number, evaluating your savings rate, or building a long-term investment plan, this tool can help you understand your next move.
Timestamps
00:00:00 — Big Announcement: The Know Your Number Tool
00:03:15 — How the Free Know Your Number Calculator Works
00:13:25 — Do Retirees Spend Less as They Get Older?
00:16:33 — Solo 401(k) or Brokerage Account for the Self-Employed?
00:22:31 — Should You Buy Down Your Mortgage Interest Rate?
00:27:10 — Should You Pay Back Family Loans Before Investing?
00:39:11 — Rapid Fire Begins
00:39:35 — When Does Permanent Life Insurance Make Sense?
00:40:31 — Roth 401(k) Rollovers and Avoiding the Pro-Rata Rule
00:41:15 — Trump Accounts vs. 529s vs. UTMA Accounts
00:42:00 — Are You Saving Too Much? Financial Miser Territory
00:43:33 — Should You Fund a 529 Before Saving 25% for Retirement?
00:53:52 — How Does a Backdoor Roth IRA Work With Existing Roth Funds?
🔗 Try the New Know Your Number Calculator → moneyguy.com/resources
🔗 How Much Should You Save? → moneyguy.com/resource/how-much-to-save
🔗 The Money Guy Ultimate Guide to Retirement → moneyguy.com/guide/retirement
🔗 Wealth Multiplier Calculator → moneyguy.com/tool/wealth-multiplier
🔗 Financial Order of Operations → moneyguy.com/guide/foo
🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.
Jump start your journey with our FREE financial resources: moneyguy.com/resources
Subscribe on YouTube for early access and go beyond the podcast: youtube.com/c/MoneyGuyShow?sub_confirmation=1
Connect with us on social media for more content: moneyguy.com/link-in-bio
Take the relationship to the next level and become a client: moneyguy.com/become-a-client
#WealthBuilding #PersonalFinance2026 #RetirementPlanning #FinancialFreedom
Check out our new FREE Know Your Number Tool: moneyguy.com/tool/know-your-number
How much do you actually need to retire—and are your retirement savings on track today? We’re introducing the new Know Your Number retirement calculator, a completely free tool designed to help you estimate how much money you may need for retirement based on your age, spending, current investments, annual contributions, retirement age, expected returns, and withdrawal rate. We’ll walk through retirement planning examples for someone starting at 25, navigating the messy middle at 33, and catching up at 40. Whether you’re calculating your retirement number, evaluating your savings rate, or building a long-term investment plan, this tool can help you understand your next move.
Timestamps
00:00:00 — Big Announcement: The Know Your Number Tool
00:03:15 — How the Free Know Your Number Calculator Works
00:13:25 — Do Retirees Spend Less as They Get Older?
00:16:33 — Solo 401(k) or Brokerage Account for the Self-Employed?
00:22:31 — Should You Buy Down Your Mortgage Interest Rate?
00:27:10 — Should You Pay Back Family Loans Before Investing?
00:39:11 — Rapid Fire Begins
00:39:35 — When Does Permanent Life Insurance Make Sense?
00:40:31 — Roth 401(k) Rollovers and Avoiding the Pro-Rata Rule
00:41:15 — Trump Accounts vs. 529s vs. UTMA Accounts
00:42:00 — Are You Saving Too Much? Financial Miser Territory
00:43:33 — Should You Fund a 529 Before Saving 25% for Retirement?
00:53:52 — How Does a Backdoor Roth IRA Work With Existing Roth Funds?
🔗 Try the New Know Your Number Calculator → moneyguy.com/resources
🔗 How Much Should You Save? → moneyguy.com/resource/how-much-to-save
🔗 The Money Guy Ultimate Guide to Retirement → moneyguy.com/guide/retirement
🔗 Wealth Multiplier Calculator → moneyguy.com/tool/wealth-multiplier
🔗 Financial Order of Operations → moneyguy.com/guide/foo
🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.
Jump start your journey with our FREE financial resources: moneyguy.com/resources
Subscribe on YouTube for early access and go beyond the podcast: youtube.com/c/MoneyGuyShow?sub_confirmation=1
Connect with us on social media for more content: moneyguy.com/link-in-bio
Take the relationship to the next level and become a client: moneyguy.com/become-a-client
#WealthBuilding #PersonalFinance2026 #RetirementPlanning #FinancialFreedom
