UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76621  
Subject: Some frightening numbers from the WSJ Date: 11/25/2011 1:46 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 3
Some frightening numbers from the Wall Street Journal.

How much to save for retirement?


Table 2. Saving Rate Required for a Medium Earner to Attain an 80% Replacement Rate with a Starting Age of 35, by Rate of Return
Retire at: Real Rate of Return
age 2% 4% 6%
62 46% 35% 26%
65 32% 24% 17%
67 26% 18% 13%
70 16% 11% 7%


I'm glad I got out when the getting was good.

I started saving 25% of my gross salary at age 25, and slowly ramped that up to 50% of gross in the last few years before I retired in 1994 at age 38. I enjoyed a 15% nominal return during a period when inflation averaged 4%, so that's an 11% real return.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Saul's Investing Discussions

A Board that Makes You Think
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.