Posts Tagged ‘80% rule’
A Deeper Look at the 80% Retirement Rule
In Using Simple Rules to Predict your Retirement Needs, I passively mentioned using 80% rule to calculate retirement needs. You may have heard this rule before; here is a variation of it:
“You need 80% of your pre-retirement income during your retirement.”
A Bit of Reality
Now, that statement is just a rule of thumb and is [...]
