Can We Spend $7,000/month with $1M Saved For Retirement?

Schedule your complimentary phone call with us: https://retire.phibbsfinancial.com/Iv... ------------------------------------------------------------------------------------------------------------------- I'm Trevor Phibbs, a CERTIFIED FINANCIAL PLANNER® and the founder of Phibbs Financial. We're a family-owned fiduciary firm in Draper, Utah. Most people who are afraid to spend in retirement don't have a money problem. They've just never had anyone sit down and show them what they actually have. That's what we do. ------------------------------------------------------------------------------------------------------------------- Investment advisory services offered through Phibbs Financial Services LLC ("Phibbs Financial"), a registered investment advisor in the state of Utah and other jurisdictions where exempted. Insurance products and services offered and sold separately through Phibbs Insurance Services LLC in all appropriate jurisdictions. This video is educational only. It is not individualized investment, tax, or legal advice, and watching it does not create an advisory relationship. All investing involves risk, including loss of principal. Any client experiences described are illustrative and may be composite. Comments on this video are not solicited or compensated, are not verified, and are not testimonials or endorsements. Full disclosures: https://www.phibbsfinancial.com/discl...

Saved $1M? You Probably Don't Have a Money Problem.
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Saved $1M? You Probably Don't Have a Money Problem.

$1.5M Saved. Will It Be Enough to Retire?
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$1.5M Saved. Will It Be Enough to Retire?

14 Years of Advising $3M+ Retirees in 18 Minutes
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14 Years of Advising $3M+ Retirees in 18 Minutes

Why Most $2M+ Investors Retire With HALF the Wealth They Should Have
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Why Most $2M+ Investors Retire With HALF the Wealth They Should Have

If You're 55, This Is the Exact Retirement Plan I'd Use to Retire by 60
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If You're 55, This Is the Exact Retirement Plan I'd Use to Retire by 60

The Truth About Paying Tax On Roth Conversions (And Why You Don't Need Extra Cash)
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The Truth About Paying Tax On Roth Conversions (And Why You Don't Need Extra Cash)

This Chart Proves Why You’ll NEVER Run Out Of Money In Retirement
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This Chart Proves Why You’ll NEVER Run Out Of Money In Retirement

Why Millionaires In Their 50s CAN'T Retire (and The 3 Types That Can)
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Why Millionaires In Their 50s CAN'T Retire (and The 3 Types That Can)

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$3M vs $2M in Retirement: Here’s What Changes

Your $1.5M Retirement Could Be Paying You $3,000 More a Month
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Your $1.5M Retirement Could Be Paying You $3,000 More a Month

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8 Things 70 Year Olds Wish They Did Between 55 and 65

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Roth Conversions Are Expensive. 4 Reasons to Skip Them.

Once Your Net Worth Hits This Number, Saving More Barely Matters
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Once Your Net Worth Hits This Number, Saving More Barely Matters

He Retired at 61 — 12 Years Later, Here’s What He’d Tell You | Real Retirement Stories
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He Retired at 61 — 12 Years Later, Here’s What He’d Tell You | Real Retirement Stories

If Your IRA Is Under This Number, RMDs Barely Matter
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If Your IRA Is Under This Number, RMDs Barely Matter

I'm 62 with $900,000. Can I Afford to Wait for Social Security?
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I'm 62 with $900,000. Can I Afford to Wait for Social Security?

Once You Have THIS Much In Retirement, Saving Another $30k Doesn't Matter
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Once You Have THIS Much In Retirement, Saving Another $30k Doesn't Matter

What Changes at $1M, $2M, and $5M Retirement?
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What Changes at $1M, $2M, and $5M Retirement?

Your Life At Every Retirement Wealth Level ($500K to $5M+)
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Your Life At Every Retirement Wealth Level ($500K to $5M+)

Once You Have $2M Saved, Retire IMMEDIATELY (Here's Why)
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Once You Have $2M Saved, Retire IMMEDIATELY (Here's Why)

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PROOF There's A Retirement Crisis in 2026

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Snowbirding: The Financial Reality of Owning Two Homes in Retirement

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Sell These 7 Things BEFORE You Retire

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Why Millionaires Should Take Social Security at 62 (Your Advisor Won't Tell You This)

If You're Looking to Determine When You Can Stop Working, Start…
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If You're Looking to Determine When You Can Stop Working, Start…

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You'll Probably Never Spend Your Retirement Savings - Here's Why