How Much Do You Need?

We think that a million dollars to day when you get to retirement around age 65, will be worth about 737 thousand dollars. And if we assume a five % sustainable long term of draw rate, that can generate for you an annual income of just under about 37 thousand dollars a year. That's actually some substantial income replacement relative to the meet and income of the average american presently to day. They would need to be at about one point four million dollars to replace a hundred percent of that pre retireein.