Not Sure What You’ll Spend in Retirement? Start Here

Written By Michael Custer

Thinking about how much you need in retirement and but unsure how what you'll actually need? You’re certainly not alone.

In this episode of Common Curiosities: Retirement, we break down two methods that have helped our members get a clearer picture of their potential expenses helping them feel more confident in their retirement planning.

𝐖𝐞 𝐜𝐨𝐯𝐞𝐫:

🎯 Why many people actually overestimate how much income they’ll need

🎯 Two practical ways to track your spending (you may not even need spreadsheets or budgets)

🎯 Commonly missed costs

🎯 How to factor in inflation, taxes, and those early retirement "freedom years" spending

Whether you're a numbers person or just looking for a simple way to estimate your spending, this episode should help you avoid surprises and plan smarter. Hopefully this is helpful to you!

Michael Custer

Michael graduated from Hope College where he played Quarterback for the football team. Now, he focuses on tax strategies, helping W-2 employees and small business owners with implementing tax strategies, learning their choices with old work retirement plans, and Roth IRAs. He has a passion for building a relationship with his clients. Understanding why money matters to you is important to him. He firmly believes that finances can be a powerful tool for your life goals.

Michael is a CERTIFIED FINANCIAL PLANNER™ (CFP®) and also holds his Series 7, Series 66, Series 24. and SIE registrations with LPL Financial as well as his Life, Health, Property and Casualty insurance licenses.

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