Sentences with phrase «comfortably during retirement»

Close to two - thirds (63 %) of respondents estimated that they'll need 75 % or less of their current income in order to live comfortably during retirement.

«I've never been a big fan of one - size - fits - all recommendations,» says David S. Hunter, CFP ®, president of Horizons Wealth Management, Inc., in Asheville, N.C. «This rule simply ignores two very key factors: 1) How much return does a retiree need to live comfortably during retirement?

For a quick approach, experts estimate that you'll need 60 - 85 % of your current household income to live comfortably during retirement.

If you want to live comfortably during retirement, and especially if you're looking for ways to retire early, experts recommend saving as much as possible early on.

Otherwise, you won't be able to set aside enough to live comfortably during retirement.

In 2014, just 18 % of workers said they were «very» confident about having enough money to live comfortably during retirement.

Our proprietary nationwide survey of pre-retirees showed a startling number of baby boomers don't know how much money they need to live comfortably during retirement.

Not exact matches

Unfortunately, the income you can comfortably live on during year one of your retirement may not cut it for year 10, simply due to inflation.

This is the cornerstone of any retirement plan, as the amount you stash in 401 (k) s, IRAs and other retirement accounts during your career will have a major impact on how comfortably you'll be able to live in retirement.