I'm looking to save $2.5 million in order to spend $100k in retirement - how should I factor in future taxes?

If you use the 4% rule to manage a $2.5 million nest egg, you'll get about $100,000 in annual retirement income. However, you may need to consider taxes.

Figuring out what your tax burden will look like in retirement can be tricky. This uncertainty makes it essential to choose the right home for your retirement savings.

A recent Northwestern Mutual survey found that Americans think it'll take $1.46 million to retire securely. Aiming for $2.5 million may grant additional financial freedom.

Retiring early is possible, and may be easier than you think. Prior planning is crucial to enjoying your golden years without a financial strain.

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