11/3/2022 0 Comments Investment drawdown calculator![]() So, in 25 years you'll have saved about $2,702,947.50. You think you can earn 5% per year in retirement and assume inflation will average 3.5% per year. You decide to increase your annual withdrawal by 3.5%, and want the money to last for 35 years with nothing left for heirs after that time. You are also contributing to a 401(k) and after using my 401(k) Calculator found it will be worth about $120,000 by the time you retire at 65. ![]() You also have $500,000 in IRAs (between the two of you) and will continue to contribute $8,000 ($4,000 each spouse) each year until you retire at 65. You're earning 5% per year on your taxable and IRA money and expect that to continue.Īfter using my Savings Calculator, you found that you will have $2,582,947.50 (between your taxable account and IRAs) in 25 years. You and your spouse currently have $150,000 in a taxable account to which you're no longer contributing.
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