How much should I spend during retirement?

How much should I spend during retirement? It’s a question every future retiree needs to answer—and most people underestimate the real number. In this case study, Sebastian Guerra helps Jane and Joe, a couple with $1.1 million saved, discover their actual retirement spending needs. They originally estimated $8,000 a month, but after a full budget analysis, it turned out to be closer to $12,000. Sebastian shares smart strategies to stretch their savings, like eliminating debts, optimizing investment returns, working part-time, and carefully managing withdrawals. This video shows why building a retirement budget is essential to long-term financial security.