Many experts recommend using the 4% rule to figure out how much you'll need in retirement, but there are other factors you should consider.
may be paid off as well. Plus, some of your kiddos may have already left the nest by the time you decide to retire.
Using the 4% rule, if you wanted retirement income of $40,000, you'd need to have $1 million in your investment portfolio when you retire. If you think you'll need $100,000 per year in retirement, you'd need to save $2.5 million.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Mark Cuban, Barbara Corcoran, why successful people won't retire - Business InsiderMark Cuban, Barbara Corcoran, and 8 other successful people on why they never want to retire — even if they have millions in the bank (via USAToday)
Weiterlesen »
Q&A with Veritone One's head of podcasting - Business Insider - Business InsiderThe head of podcasting at Veritone One spoke to Insider Intelligence about how advertisers have shifted priorities in light of the pandemic's impact on podcast listening
Weiterlesen »
How to cash a money order quickly and securely - Business InsiderA money order is a method of sending prepaid money that's more secure than a personal check or cash. When you get one, you'll want to cash it quickly.
Weiterlesen »
How travel Instagram influencers are earning money during coronavirus - Business InsiderTravel Instagram influencers are finding new ways to earn money with the industry frozen and trying categories like food and fitness
Weiterlesen »
10 things you need to know before the opening bell - Business Insider10 things you need to know before the opening bell
Weiterlesen »
10 things you need to know before the opening bell - Business Insider10 things you need to know before the opening bell
Weiterlesen »