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How Big A Nest Egg?

Most financial experts suggest we can withdraw 4-5% of our portfolio each year in retirement.  Last Sundays Parade Magazine illustrated how big a personal nest egg you'll need at retirement to generate those withdrawals.  Here's the article.

To Withdraw 4-5%               You Need to Have Saved

 $16,000-$20,000                            $400,000

 $20,000-$25,000                            $500,000

 $28,000-$35,000                            $700,000

 $32,000-$40,000                            $800,000

 $36,000-$45,000                            $900,000

 $40,000-$50,000                            $1 Million

Posted on Thursday, March 16 by Registered CommenterWise Owl in | Comments Off