DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - What will you llive on during retirement?

**heltduell** · 05-10-2012, 03:19 AM

Lottery winnings? Trust fund?

http://money.msn.com/retirement/reti...alculator.aspx

Put your stuff in here - the key is how long you're going to live after retirement, and what percentage of current income you'll need at retirement (in today's money).

I put retire at 59, live for 30 years on 65% of current income (assume lower taxes, no mortgage). 8% investment return pre-retirement, 7% post and exclude social security. Looks like I'll be broke before my 70th birthday. Including SS, I will be OK.

05-10-2012, 03:19 AM	#1
heltduell Join Date Oct 2005 Posts 438 Senior Member	What will you llive on during retirement? Lottery winnings? Trust fund? http://money.msn.com/retirement/reti...alculator.aspx Put your stuff in here - the key is how long you're going to live after retirement, and what percentage of current income you'll need at retirement (in today's money). I put retire at 59, live for 30 years on 65% of current income (assume lower taxes, no mortgage). 8% investment return pre-retirement, 7% post and exclude social security. Looks like I'll be broke before my 70th birthday. Including SS, I will be OK.
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