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Beyond the ‘70/80’ Rule: How Much Do You Really Need In Retirement?

FYI: The guideline about replacement income is widely recommended but is valid only for some. Many retirees end up needing more income.
Regards,
Ted
http://www.cetusnews.com/business/Beyond-the-‘70-80’-Rule--How-Much-Do-You-Really-Need-in-Retirement-.ry2F5LbqG.html

Comments

  • Absurd. Why should anyone peg retirement cost of living to income? Happily my income has increased geometrically but my cost of living has only increased with inflation. Same car, same house, same boat as in 1999. Kids grown, no debt. Not everyone lets their overhead rise with their income.
  • @ larryB: " Not everyone lets their overhead rise with their income." I believe they call that "Keeping up with the Jones".
    Derf
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