How Much Do I Need to Retire?

Do you want to know how much you need to retire? 

How much do I need to retire ?

The reality is, many of these same folks hope they can retire at 62 with 300k. Knowing when you can retire depends mainly on your cost of living, less your expenses.

How Much Income Should I Have in Retirement?

Most experts agree that retirement income should be no less than 80% of one’s pre-retirement salary. So, if your pre-retirement income is $100,000 a year, if you trust the experts, you’ll need $80,000 a year to have a comfortable retirement

The 4% Rule

Schwab’s recent study examined a portfolio that comprises 50% stocks, 50% bonds and assumes a 5% annual return. The retiree could withdraw 4% of the portfolio per year, plus an additional inflation adjustment for 30 years. Indeed, this is known as the 4% rule

Where Should I Invest My Money?

“Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) delivered by the great majority of investment professionals.” — Warren Buffet

Factors That Affect the Amount You Need To Retire

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Spending Habits Savings Habits Age

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