7 Money Milestones That Decide If You Can Actually Retire (Are You Behind?)

👉 Find out which stage you're at — get your free custom Retirement Income Roadmap (30 seconds): https://incomeoverwealth.com/map ---------------------------------------------------------------- Most retirement readiness checklists grade your savings pace. This one grades whether you can actually stop working. Seven structural checks that decide whether you're ready to walk away from a paycheck. Each milestone has a hard benchmark and a catch-up move if you've missed it. Most lifelong savers have hit three or four out of seven. What you'll learn: • The debt-service ratio that decides whether your mortgage works in retirement, plus the rate cutoff for paying it down vs keeping it • The cash-buffer benchmark that's 4x bigger than the standard six-month emergency fund, and why the smaller number breaks down in retirement • The estate-document detail that quietly overrides your will on retirement accounts, even if your current attorney drafted it last year CHAPTERS 00:00 - Introduction 00:32 - Mortgage and consumer debt 02:17 - The 2-year cash buffer 04:21 - Healthcare bridge to 65 07:02 - Three tax buckets 09:07 - Income gap and stress test 13:16 - Estate documents 16:13 - Which one to fix first RELATED VIDEO    • 3 Simple Steps to Determine If You Can Retire   If you found this useful, subscribe and I'll see you in the next one. --- (IMPORTANT NOTE: This video is educational and focused on strategy and math. Always consult a qualified tax or financial professional before making personal financial decisions.) #RetirementPlanning #RetirementReadiness #RetirementChecklist