Is 70% of my Income Enough for Retirement?
A general retirement planning rule of thumb indicates that you’ll likely need between 70% – 80% of your pre-retirement income to live off of after you retire. However, 70% of your pre-retirement income may be too little for those who want to live an active retirement lifestyle. R. Travis Terlau, CFP® discusses this important topic. Learn more at www.InvestmentAnswers.net