16.4 times, assuming no pension, and having Social Security account for 5.3 of the amount. So only 11.1 times is needed. Still that is a pretty daunting number, especially if one wasn't planning for it.
Personally, I've always targeted for 20 times, not including Social Security. I think that gives us a comfortable buffer.
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This is not financial, saving or retirement advice advice. Please consult a professional advisor.
Copyright © 2019 Achievement Catalyst, LLC
Monday, May 06, 2019
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