How Much Do I Need To Retire?

Retirement Planning

My Annual Income

$0 $1,000,000

Expected Annual Expenses in Retirement

$0 $1,000,000

Retirement Length (years)

Expected Annual Rate of Return (%)

Social Security Income Replacement (%)

0% 100%

This scenario may help you understand how much you'll need to save for retirement based on your inputs.

Average

$993,265

80% Rule

Without Social Security: $1,229,796

With Social Security: $737,878

10x Salary Rule

Without Social Security: $1,000,000

With Social Security: $600,000

25x Expenses

Without Social Security: $750,000

With Social Security: $450,000

Whatever your relationship with your car, it may eventually come time for a new one. Familiarize yourself with your options.

Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.

Set your family's financial values; cast a vision for the future. Talk to your parents and kids. Discuss all options.