video1.0<iframe src="https://www.loom.com/embed/6a874168074146c58e416ff04557effd" frameborder="0" width="1280" height="960" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>9601280Loomhttps://www.loom.com9601280https://cdn.loom.com/sessions/thumbnails/6a874168074146c58e416ff04557effd-1704160702857.gif288.325In this video, I explain how to use the portfolio strategy calculators for retirement planning. We start by estimating the client's current lifestyle expenses and projecting them into retirement. Then, we calculate the savings benchmarks and current monthly savings. Next, we factor in expenses that won't be applicable in retirement, such as mortgage repayments and other discretionary spending. Finally, we determine the net passive income needed for retirement and consider the tax implications. Note: If the client does not have a mortgage that is fine, leave the amount as $0. The passive income calculated will factor in the rent required that they are currently paying.