If you make $400k per year, don't retire at 65 unless you have this much saved
Briefly

from 24/7 Wall St.2 months ago
To achieve a secure retirement by age 65, individuals earning approximately $400,000 should aim to have saved at least $2.98 million, factoring in taxes and investment returns.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/24/if-you-make-400k-per-year-dont-retire-at-65-unless-you-have-this-much-saved/
Calculating your retirement savings is not only about how much you save, but also how much risk you’re willing to take pre and post-retirement, as well as tax implications.
24/7 Wall St.https://247wallst.com/personal-finance/2024/12/24/if-you-make-400k-per-year-dont-retire-at-65-unless-you-have-this-much-saved/
Read at 24/7 Wall St.
#retirement-planning #net-worth-calculation #financial-advisory #investment-strategy #income-tax-effects
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