One rule of thumb is that you'll spend 70%-80% of what you spent before retirement during retirement. Using the 4% rule, you can calculate how much you need to save in total.
When it comes to making your retirement savings last, there are two fundamentally different approaches you can take. The first is the more traditional strategy, which focuses on an annual withdrawal, ...
Retirement planning can feel like trying to hit a moving target. Just when you think you've figured out the magic number for a comfortable monthly retirement income, issues like rising costs, market ...
Preparing for retirement can be pretty tough in today's economic climate. With higher-than-ideal inflation continuing to impact everything from groceries to healthcare costs, and Social Security ...
The thousand-dollar rule assumes a 5% annual withdrawal rate, requiring $240,000 in savings for every $1,000 of monthly income. This calculation becomes surprisingly straightforward once you ...
Motio Research's initial estimate of U.S. median household income for November 2025 is $87,160. Read more here.