Nest Egg

If you use a basic 4% draw down of your nest egg in retirement where your expenses and lifestyle needs can be met..........then with a 4% draw down there is a HIGH chance you can also have growth within your portfolio ( if you average 6% or more for example )

So.....lets say in pre retirement you make $50,000 per year. To maintain that lifestyle in retirement, you would need $1.25 million Nest Egg ( 50K divided by 4% ) Do you have $1.25 mil ?

What is you have spouse who also makes $50K....then you will seek to have $2.5 mil nest egg. Are you on target ?

What if your household income is $125K................are you on target for a $3.125 mil nest egg ?

I hope this basic example gets you thinking, gets you # crunching, gets you wondering HOW will you afford retirement..........perhaps it shows you are ahead.......or way behind !

Your income, is your biggest wealth building tool. The decisions, you make will dramatically effect your success or lack there of........it is never too late.

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