How Much Should You Be Investing If You Have a Pension?

If you have a pension, how much do you actually need to invest for retirement? Do you still need to save 15%, 20%, or even 25% of your income—or could your pension mean you're already saving enough?

In this video, Colin Exelby, CFP® explains how to look at your pension, Social Security, 401(k), IRA, and other investments as one complete retirement plan. Rather than chasing an arbitrary savings number, you'll learn how to calculate the income gap your investments actually need to cover.

We also cover how having guaranteed pension income can affect your investment strategy, whether you may be able to save less, the importance of inflation and survivor benefits, and why building investments outside of your pension can give you more flexibility to retire on your terms.

Ultimately, retirement isn't about accumulating the largest possible portfolio. It's about creating enough reliable income and flexibility to fund the retirement you actually want.

#RetirementPlanning #Pension #PensionPlanning #Retirement #401k #SocialSecurity #Investing #RetirementIncome #FinancialPlanning #RetirementSavings

00:00-Intro

00:44-Start With the Income Gap

02:19-Your Pension Has a Value

03:13-Your Pension Can Change

06:25-Should You Save Less

09:00-Why I Still Like Saving Even With a Pension

10:00-Could You Save Too Much

11:00-The Calculation

Colin Exelby, CFP® is a CERTIFIED FINANCIAL PLANNER™ Professional, founder of Celestial Wealth Management, and creator of See the Forest Through the Trees (STFTTT), an educational platform focused on retirement planning, retirement tax strategies, Social Security analysis, Roth conversions, and financial planning for retirees and business owners.

This channel focuses on helping retirees, pre-retirees, and business owners make smarter financial decisions through tax-aware planning, long-term thinking, and real-world retirement strategies.

Topics covered regularly include:

• Social Security claiming strategies

• How Social Security is taxed

• Roth conversion timing

• Retirement withdrawal strategies

• Tax-efficient retirement income

• IRMAA and Medicare premiums

• Retirement mistakes to avoid

• Survivor planning strategies

• Retirement planning for business owners

No fear-based financial media. No hype. Just clear explanations and practical retirement planning frameworks.

➡️ ➡️Free Retirement and Financial Planning Resources Here: https://celestialwm.com/ptpebook-go/ ⬅️⬅️

⭐Support the Channel by Becoming a Community Member⭐ 👇https://www.youtube.com/channel/UC13s0hQVkEv-azgzhOe8QXA/join

Recommended Financial Planning Tools👇

Budgeting...👇

★☆★ Rocket Money (originally called as TrueBill) ★☆★

https://rocketmoney.sjv.io/CelestialWM

Wealth Management...👇

★☆★Personal Capital ★☆★👇

https://personalcapital.sjv.io/CelestialWM

Bookkeeping...👇

★☆★Gusto Bookkeeping★☆★👇

https://gusto.pxf.io/CelestialWM

Affiliate Link Disclaimer: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full privacy policy at celestialwm.com.

Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

DISCLOSURES

Celestial Wealth Management, LLC is registered as an investment adviser in the State of Maryland and Texas.

Neither the information nor any opinion constitutes an offer or an invitation to make an offer, to buy or sell any securities or other financial instruments.

This video is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person.

Investors should seek financial advice regarding the appropriateness of investing in financial instruments and implementing investment and planning strategies discussed in this video and should understand that statements regarding future prospects may not be realized.

Nothing provided here constitutes tax advice. Individuals should seek the advice of their own tax advisor for specific information regarding tax consequences of investments.

Investments in securities entail risk and are not suitable for all investors. This is not a recommendation nor an offer to sell (or solicitation of an offer to buy) securities in the United States or in any other jurisdiction. All investment strategies have the potential for profit or loss.