How Much Money Do You Need to Retire in 2023?

How Much Money Do You Need to Retire in 2023?

A simple retirement formula that you can use to find the minimum amount of portfolio assets you would require is: Required Portfolio Income multiplied by estimated length of life. Find required portfolio income by subtracting your guaranteed income from your estimated spending in retirement.

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Eric Amzalag, CFP®, RICP®

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