So you’ve decided how much you want to retire on. Now how do you save enough get there? Enter your goal and current savings into the calculator to find out. The calculator assumes a 7% return per year and 3% inflation.
To achieve this you must save:
Considering an inflation of 3%, you will actually need to save:
Part of retirement planning is making realistic goals. A consistent 7% return over the years is unlikely and playing conservatively is the best way to make sure you have enough when you retire. What’s best for simple and reliable investments? Click here for some tips: INVESTING FUNDAMENTALSSpam your friends: