How Much You Need for Retirement

$
0
$20,000
$500,000
0
1%
30%
0
1%
10%

You will need

You will have

Assumptions:
  • You can live happily on 65% of your income each year
  • We subtract the maximum social security benefits ($30,400 as of 2013) from the amount you will need to save.
  • We assume an inflation rate of 3% when converting your values from present dollars to future dollars.
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